Two ES calls, one in the morning worked, and one in the afternoon didn’t when volume fizzled once again. See that section below.
Net ticks: +1.5 ticks.
As usual, let’s start by looking at the ES and NQ with our market directional lines, Seeker, and VWAP:
ES:
Triggered long at 1347.00 over early highs at A, hit 6 ticks for first target, Mark adjusted stop a few times and stopped the final piece at 1349.75, 11 ticks in the money. Later in the afternoon after we addressed the VWAP on volume, second call triggered short at 1350.25 at B and stopped:
