I figured it would be a dull day coming in due to the Friday-End of Month-Halloween combo. Unfortunately, we got a huge gap up due to the news out of Japan, and then it was still a flat session. Since there was a big gap and the potential for some energy, I did make one call, but it didn’t work. See ES below. NASDAQ volume closed at 2.2 billion shares.
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:
Triggered short at A at 2004.25 and stopped: