The market opened flat and did nothing early. Our ES short under the Pivot missed the first target by a tick and then stopped. I did not suggest a re-entry because volume was light again and the action was poor, although the retrigger would have worked.
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 1688.00, missed first target by a tick, and stopped for 7 ticks exactly (that was the high of that move) before working: