Two stop outs on the ES as we continue through earnings season and a lot of dull activity (until the last part of the day when the rumors fly). See ES below. NASDAQ volume was 1.7 billion shares.
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:
Triggered short at A at 1486.50 and stopped, that would have worked on a retrigger but the range was too narrow at the time. Mark’s call triggered short into the Value Area at B at 1484.75 and stopped for 7 ticks, would have been valid again but never triggered:
