The markets gapped up and pushed higher for the first 45 minutes to an hour. The ES only touched the R2 level at the open and then got glued to a new tri-star level at 1890.50 and basically flatlined for the rest of the session. NASDAQ volume closed at only 1.6 billion shares. Our trade call didn’t trigger as range was too narrow for the rest of the session.
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: