A day with a lot of setups for our Levels traders. Our one main call didn’t work due to the Pivot (missed first target by a single tick), but there were other options. See ES below.
Net ticks: -7 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:
Our call triggered short at A at 1883.00, missed the first target by a tick, and I had warned about the Pivot being there, and then stopped. Lots of other opportunities, including a short under the opening 5 minute bar that was lined up with R1 and heading into the gap, and a short under the Pivot later. Also got a bounce play off the Comber 13:
