One stop out on a clean Value Area setup on the ES, and that was it to start the short week. Volume was decent earely but ended up around the usual 1.7 billion NASDAQ shares. The futures spiked in the minutes after the close on some earnings.
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:
Mark’s call was a nice setup with the Pivot and Value Area High lined up at the same place. Triggered short under that at A at 1476.50 and stopped:
