Not a very exciting session as the market is now in triple expiration mode completely. Barely moved at all after gapping up. We had a nice ES Value Area setup that failed and then set the trigger later but didn’t trigger again. 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 1998.00 and stopped. Set the trigger again at B but didn’t trigger. Mark’s call triggered long at C at 2004.50 in the afternoon, but the market was already dead and we closed it at the entry: