Two winners on the ES, although no real follow-through once again as volume started to dip and we really didn’t get an options unraveling move, which is interesting. Doubtful that we will get one Friday, and there might not even be any calls.
Net ticks: +7.5 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:
My call triggered short at A at 1430.75, hit first target for 6 ticks, and stopped final piece 4 ticks in the money. Mark’s long triggered at B at 1436.25, hit first target for 6 ticks eventually, and stopped second half under the entry: