Two trades in the ES, both of which hit their first targets and nothing more. See that section below. The markets gapped up, came back so the NQ could fill the gap, then drifted up over lunch. In the afternoon, we dipped again just enough for the ES to fill before recovering a bit. NASDAQ volume closed at 2.25 billion shares.
Net ticks: +5 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:
ES:
Triggered short at A at 1874.75, hit first target for 6 ticks and more, but bounced back a few minutes later and stopped the second half over the entry. Mark’s call triggered long at B at 1886.25, hit first target for 6 ticks, and stopped second half under the entry:
