Two nice winners for a session with a lot more volume. NASDAQ volume close at 1.8 billion shares.
Net ticks: +11 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 triggered long at 1678.50 at A, hit first target for 6 ticks, and stopped the final piece at 1679.75:
NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
My call triggered short at 3045 at A, hit first target for 6 ticks, and stopped second half 5 ticks in the money:
