It’s end of month and Friday and the market was completely dead for the first hour. Despite my better judgement, I went ahead and put a breakdown short in the Messenger just in case. The results were predictable to close out the month. See ES below.
Net ticks: -7 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 1411.25 and stopped for 7 ticks: