Not an exciting ending to the month, although we expected that since it is also end of quarter. There were a total of 5 trades that triggered on the ES. Two winners and three losers. See that section below.
Net ticks: -11 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 for the gap fill triggered long at 1436.00 at A and stopped for 7 ticks. Mark’s short at 1429.50 triggered at B and stopped for 7 ticks, and then again at C and stopped for 7 ticks. The long triggered again at D, hit first target for 6 ticks and stopped the second half under the entry (if you took it in the middle of lunch). After basing under that level, it triggered again at E, hit first target for 6 ticks, and raised the stop to finally close at 1438.25:
