A stop out and then a winner to the first target on a trigger on a spike after the Fed announcement. See the ES section below. Overall, it was a slower session as expected waiting for the Fed. Should have a chance at some action tomorrow, and then Friday should be slow for expiration.
Net ticks: -4.5 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:
Mark’s call triggered long at A at 1996.50 and stopped. It triggered again after the Fed, hit first target for 6 ticks, and stopped second half under the entry:
