Multiple trade calls on the ES and YM, 3 out of 4 of them worked finally despite a fairly choppy environment. We did see a second wave of options unraveling…to the upside again…and volume was up, closing near 1.7 billion NASDAQ shares.
Net ticks: +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 short triggered at A at 1445.75 and hit the first target for 6 ticks, stopped the second half over the entry. My long triggered at 1449.00 at B, hit first target for 6 ticks, closed final piece at 1450.00. Mark had a third ES call that triggered into the Value Area at C at 1454.00 and closed for 4 ticks gain for end of session:
YM:
Mark’s YM triggered long at A at 13476, hit the first target for 10 ticks, and stopped the second half under the entry:
