A nice Value Area setup in the ES that once again swept and stopped once before working the second time. Meanwhile, most of the session was flat waiting for the Fed, and then after some mild fluctuations on the announcement, the market didn’t do much, which we expected for end of month. NASDAQ volume closed at 1.7 billion shares.
Net ticks: +2 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 long at A at 1871.00 and filled the gap but didn’t get enough for the partial. Triggered again at B, hit first target, Mark adjusted the stop twice and closed at VAH: