A very narrow-ranged day (about half of average daily range on the ES) that saw only 1.4 billion NASDAQ shares traded by the close. Mark’s ES call triggered and stopped over lunch, which wasn’t really the ideal time. See that section 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:
Triggered short at A at 1631.50 and stopped for 7 ticks:
