As expected, market volume was incredibly light starting back up from the Thanksgiving weekend, and the futures were barely ticking most of the session. One nice setup in particular did nothing, showing how bad it was. See ES section below.
Net ticks: -14 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:
Mark’s short triggered at A at 1396.25 and stopped for 7 ticks. His long, which was a beautiful setup against the Pivot, triggered at B at 1402.25, but stopped for 7 ticks. Most days, that would have worked:
