Another small winner, which is about all we can hope for in narrow-ranged activity. Can’t get follow-through when there is none. NASDAQ volume closed at a slightly improved 1.8 billion shares while we wait for all of the key data and the Fed tomorrow. See ES section below.
Net ticks: +2.5 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 1760.75, hit first target for 6 ticks, and stopped second half over entry: