Another light volume day in the markets with 1.4 billion NASDAQ shares traded. We had an initial stop out (swept the entry) before two winners. See ES below.
Net ticks: +4 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:
The short triggered at A at 1556.50 and stopped, then triggered again at B, hit the first target, stalled at the Pivot, and stopped over the entry for the second half. The long triggered at 1563.00 at C, hit first target for 6 ticks, and I raised the stop a few times and finally stopped under the R1 level at D for 11 ticks:
