We had a small winner in the ES as the markets gapped up, tried to fill early and then bounced, looked ready to slow down for the Fed, and then the markets dropped early in the lunch hour with news out of Ukraine. We also slipped lower in the afternoon.
Net ticks: +2.5 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:
ES triggered short at A at 1975.00, hit first target for 6 ticks, and stopped second half over entry:
