Options expiration is never an exciting day and is usually a good time to lower trading size, and this was no exception. We closed out the week with the only negative day of the week, with one ES short that triggered twice and stopped both times. See that section below.
Net ticks: -14 ticks.
As usual, we’ll start with a look at the ES and NQ with our market directional lines, Seeker, and VWAP:
ES:
Triggered short at A at 1361.00 and stopped for 7 ticks. Retriggered again at A ten minutes later. Further triggers were cancelled:
