A big winner for the session after a huge gap up in the market, which turned into a strong “gap and go” morning, although the afternoon was slow. See YM section below. Total volume was 1.8 billion NASDAQ shares.
Net ticks: +34.5 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:
YM:
Triggered long at 13208 at A, hit first target for 10 ticks. Mark adjusted the stop several times and finally stopped at 13267 at B, well in the money:
