A nice start to the month and week with two clean setups on the ES and both worked. See that section below.
Net ticks: +11.5 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:
We gapped over the UPT and used it as the low of the first bar of the day, so an easy call is short under that at A at 1420.25. We hit the first target for 6 ticks and then accelerated on news and eventually stopped the final piece at 1417.25 for 12 ticks at B. Mark then called the setup against the Value Area High and Pivot, short at 1414.25 at C, and this hit the first target for 6 ticks and stopped the final piece over the entry:
