The ES only hit one main level today early and spent several hours in a 3 point range before finally heading back into the gap. Volume was light again in the market at 1.4 billion NASDAQ shares, and although we don’t like to do this, no calls.
Net ticks: +0 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: