We had a big gap in the market that took us well above our key Levels, making setups for futures difficult (the ES only touch the R2, and that was the low of the session). One stop out and the retrigger worked, see ES below.
Net ticks: -1.5 ticks.
As usual, let’s start with the ES and NQ with our market directional lines, Comber, and VWAP (now using Comber on these):
ES:
Triggered short under opening lows at 1352.50 at A, stopped for 7 ticks, then retriggered at B, hit first target for 6 ticks, and adjusted stop to final exit at 1351.25:
