I thought we might get one good trading day, but instead, volume dropped sharply, only hitting 326 million NASDAQ shares after an hour, and closing at only 1.5 billion. So, nothing worked. See ES below.
Net ticks: -10 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 under LBreak at 1378.50 and stopped for only 3 ticks based on the call as typed. Set the UBreak at B and then triggered long at 1385.25 and stopped: