What a great session with a huge winner in the ES for 40 ticks to the final target after a gap up. See that section below. Really nice for a Friday. NASDAQ volume closed at 1.6 billion shares. What’s amazing is that after all of that, the ES and NQ closed on their VWAPs. Wow.
Net ticks: +23 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 short at A into the Value Area at 1655.75, hit first target for 6 ticks, and then picked up speed to the downside on Putin’s comments. We lowered the stop many times and stopped the final piece at 1645.75 for a 40 tick gain from the entry on the second half at B:
