A nice winner with a Value Area Play in the ES. See that section below. The markets gapped down and made their way back up, with the NQ filling the gap and the ES not quite getting there. We are in end of quarter window dressing mode. NASDAQ volume closed at 1.5 billion shares.
Net ticks: +6.5 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:
Triggered long at A at 1964.00, hit first target for 6 ticks, raised stop twice and stopped at 1965.75:
