The early action in the $ES_F $NQ_F is not very impressive as both markets have battled with the new 🔵WTD VWAP and the 🟢VWAP from last weeks low. Hourly chart on left, 10 min on right Anything can happen overnight and it doesn't always have weight on how the markets open so I don't read too much into it. Here is what will matter to me in the morning. Where are prices in relation to daily VWAP and will it be trapped under the VWAP from the Friday low? Remaining below that VWAP will be a reason for concern tomorrow. But not for me tonight, I will leave that for the "pajama traders." $SPY $QQQ chart captured 6:30PM MT
Brian Shannon, CMT ⚓️Share

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