A big winner on the ES today as we got a nice Value Area setup that triggered and worked all the way across the Value Area perfectly and quickly. NASDAQ volume was 1.8 billion, slowly climbing each day.
Net ticks: +18.5 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:
Mark’s call into the Value Area triggered at 1789.75 at A, hit first target for 6 ticks, crossed the Value Area and more, and he raised the stop several times and finally stopped at 1797.50:
