Not a good sign for the week with the ES in a 4 point range for most of the session even though volume was decent early. See ES section below for the trade recap.
Net ticks: -7 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES:
Mark’s call triggered short nicely into the Value Area at A at 1802.75 and stopped for 7 ticks: