Volume picked up a bit, and the market gapped up and kept going early, then flattened out the rest of the session. See the ES below. NASDAQ volume did get to almost 1.7 billion shares, a big improvement over Monday and Tuesday.
Net ticks: -8 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 got a Comber 13 sell signal on the ES and used it for a short entry at A at 1578.25, which stopped for 8 ticks. Never violated the risk line, but that was too much risk to show on a 15-minute timeframe. Meanwhile, we then got a 13 sell signal on the 5-minute chart below, which again was the high of the session (second day in a row), but we didn’t roll over much:
