Some bumbling around early in the markets, but eventually, the ES broke into the Value Area and we had a winner. NASDAQ volume was the lightest of the week, but that’s not a problem on Friday. Volume closed at 1.4 billion shares.
Net ticks: +13 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 1997.50, hit first target for 6 ticks, raised the stop and then just closed the final piece at 2002.50 at B: