Two winners and a loser for the session, which proved to be fine as volume was light again at 1.4 billion NASDAQ shares as we head into a Fed meeting and announcement (Thursday).
Net ticks: +3 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:
My call triggered long at A over the UPT at 1434.75, hit 6 ticks for the first target, and raised stop twice and stopped at 1435.75:
YM:
Mark’s call triggered long once at A at 13325 and stopped for 11 ticks, then triggered again shortly thereafter, hit the first target for 10 ticks and closed out the final piece for 8 ticks:
