Archive for the ‘Tradesight’ Category

Big winner in the ES for the session after what seemed like a ridiculously slow first hour (although it set the breakout level several times).

Net ticks: +20 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:

After hitting the UBreak/VAH several times and looking frozen for the first hour, our call triggered long at A at 1648.75, hit first target for 6 ticks, and I raised the stop several times until the final exit for 34 ticks at 1657.00 at B:

Our call did not trigger on a light-volume Monday with a lack of range. We retraced to the VWAP repeatedly.

Net ticks: +0 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:

Note the 9-bar setup against the UBreak was the stall out point over lunch:

A boring session with a small winner that only hit the first target and a late-day trigger. NASDAQ volume was 1.6 billion shares, and the ES stuck in a 6 point range for most of the session. See ES section below for the two recaps.

Net ticks: +3.5 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:

The short triggered at A at 1622.75, hit first target for six ticks, and stopped the second half over the entry. The long triggered in the last half hour at B at 1629.25 and ended up closing for a tick given the time of day:

A nice call swept and stopped once before working. Today was much slower than the prior two days in the market, although volume was back up to 1.7 billion NASDAQ shares. We did see a drop late in the session on rumors about Bernanke.

Net ticks: -1.5 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:

Mark’s call triggered short at A at 1527 and stopped for 7 ticks, then triggered again at B, hit first target for 6 ticks, and stopped the final piece at 1525.75 at C:

A clean, single-direction move in the markets to the upside on 1.6 billion NASDAQ shares gave us a nice winner for the session. See ES below.

Net ticks: +9 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:

Mark’s long triggered at A at 1621.75, hit first target for 6 ticks, and after raising the stop 4 times, stopped 12 ticks in the money at 1624.75 at B:

Volume was much better early, although it really drifted off in the second half and only closed at 1.6 billion shares on the NASDAQ. We had a winner on the ES, see that below.

Net ticks: +3 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 1617.75, hit the first target for 6 ticks but didn’t get through so not everyone would have been filled. Because we had the gap below and were stalling out at R2, I closed at 1618.50. There was also a nice setup falling back under UBreak for the gap fill:

One small winner that took forever and eventually would have been a big winner but took too long and stopped out the second half first. The market gapped up and never looked back, especially once it broke the UPT on the ES. Volume was 1.7 billion NASDAQ shares.

Net ticks: +2.5 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:

Well, that’s pretty much an example of what’s wrong with the market recently. The ES call triggered long at A at 1586.50, hit first target for 6 ticks at B, which took long enough, and then we adjusted the stop on the second half under the entry and it stopped after another 30 minutes, and then finally shot up like we would have wanted in the first place and hit R2:

Another nice setup, another trigger and fail. See ES below.

Net ticks: -7 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 1589.25 and stopped for 7 ticks. Couldn’t break the Pivot and fill the gap inside the Value Area:

Mark’s call on the ES triggered long and he finally closed at even after an hour of no movement (it eventually would have worked). NASDAQ volume was horrible at only 1.3 billion shares. Three other calls did not trigger.

Net ticks: +0 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:

Mark’s long triggered at A at 1586.50, and he closed it at the same price after almost an hour:

To show you how bad things are in futures right now, we have a perfect setup that combines essentially the Value Area, the opening range, and the gap fill and can’t even cover the 6 ticks to get there on a Friday. Unreal. See ES below. We ended up trying again in the afternoon and failed, then slipped back to the VWAP on 1.5 billion NASDAQ shares.

Net ticks: -7 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:

Nice setup triggered at A at 1580.50, couldn’t even reach the 6 ticks up to the gap fill. Note that the Comber gave a 13 buy signal at the low:

A flat session after a flat opening. The ES stuck in just 7 points of range on 1.65 billion NASDAQ shares, and that was with AAPL trading about 20 million more than usual.

Net ticks: +2.5 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:

Mark’s call triggered short at A at 1572.75, hit the first target for 6 ticks, and stopped the final piece over the entry:

Another light volume day in the markets with 1.4 billion NASDAQ shares traded. We had an initial stop out (swept the entry) before two winners. See ES below.

Net ticks: +4 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:

The short triggered at A at 1556.50 and stopped, then triggered again at B, hit the first target, stalled at the Pivot, and stopped over the entry for the second half. The long triggered at 1563.00 at C, hit first target for 6 ticks, and I raised the stop a few times and finally stopped under the R1 level at D for 11 ticks:

Volume picked up a bit, and the market gapped up and kept going early, then flattened out the rest of the session. See the ES below. NASDAQ volume did get to almost 1.7 billion shares, a big improvement over Monday and Tuesday.

Net ticks: -8 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:

We got a Comber 13 sell signal on the ES and used it for a short entry at A at 1578.25, which stopped for 8 ticks. Never violated the risk line, but that was too much risk to show on a 15-minute timeframe. Meanwhile, we then got a 13 sell signal on the 5-minute chart below, which again was the high of the session (second day in a row), but we didn’t roll over much:

All charts for all asset classes in our reports have been shifted to eSignal 11 screenshots effective today. There is a slightly different (but cleaner) look to these charts. They also show as EST.

Not much market volume again. Took an ES short on a Comber sell signal that didn’t work, but we will discuss below. Volume was horrible again.

Net ticks: 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:

Note that when we make calls in the Messenger, we try to keep them to calls based on the Levels with 6 ticks of risk (plus one for the spread). We don’t typically make calls based on the Comber and Seeker signals because they often require a bit more finesse when it comes to the entry point (not usually a “fixed” number) and a stop (should go over the “risk” level). In this case, since volume was so bad and there wasn’t anything else to call, I made a call looking to roll over after the Comber 13 sell signal. It was a short at 1565.50. That triggered at A and stopped out for the 7 ticks, but as you can see on the chart, it used the risk line perfectly and never stopped out if you used that, which is really the stop you should use on any Comber/Seeker call:

One trigger on the ES. The other calls didn’t trigger. See that section below. Market volume dropped to its lowest yet, barely clearing 1 billion NASDAQ shares in the last 40 minutes.

Net ticks: -7 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:

Mark’s call triggered short at A at 1544.50 and stopped for 7 ticks:

Net ticks: -4.5 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 1539.00 at A and stopped for 7 ticks, then retriggered at the same price at B, hit first target for 6 ticks, stopped second half under the entry just barely over lunch while retesting the VWAP:

One call that worked, one that didn’t trigger. See ES below. The volume dropped off sharply in the markets again, back down to 1.35 billion NASDAQ shares.

Net ticks: +2.5 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:

Mark’s call triggered long at A at 1555.25, hit the first target for 6 ticks, and stopped the second half under the entry. Note that the UPT/Value Area High was the high at B and the low was the LBreak to the tick:

No calls as the rest of the world was on Holiday and volume was therefore extremely light at only 1.3 billion NASDAQ shares. We resume Tuesday.

Net ticks: +0 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:

One winner on another 1.4 billion share NASDAQ session to close out the week, month, and quarter. Have a good long weekend and then we’re back to work.

Net ticks: +3 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:

Mark’s call triggered long at A at 1559.75, hit first target for 6 ticks, and stopped the second half at the entry:

We got the day that we expected in terms of volume. The market gapped down and took all day to get back to even, with the S&P closing down less than a point, and NASDAQ hitting only 1.3 billion. A winner and a loser on the ES, but I was low size due to the situation (and will be tomorrow).

Net ticks: -4.5 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:

The nice setup into the Value Area over the LPT triggered long at A, but swept initially, then went again at B, hit first target for six ticks, inched higher to exactly the Value Area High at C, and then stopped the second half under the entry:

A trigger on news on the ES (see below), and then a later better trigger that didn’t work. Market volume, after improving yesterday, dropped quite a bit Tuesday, which doesn’t bode well for Wednesday and Thursday as we wind up the quarter and head into the long weekend.

Net ticks: -14 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:

Mark’s call triggered long at 1555.25, although the first trigger was on news (Consumer Confidence and New Home Sales) at A at 10:00 am EST. Generally don’t want to enter a trade on news, but the call was made 4 minutes before, so we will count it. Stopped, then triggered again 10 minutes later and stopped again. Ended up in a useless range with no volume:

Mark had a nice winner on the ES for the session as we finally got some better range. Volume was 1.6 billion NASDAQ shares, which is also a slight improvement from last week.

Net ticks: +8.5 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:

Mark’s call triggered short at A at 1553.75, hit first target for 6 ticks, and he lowered the stop several times and stopped finally at 1551 at A:

The market continues to struggle in narrow range on little volume as things seems to take twice as long to happen. The ES gapped down, made an attempt to fill the gap, then dropped down to fill the gap from yesterday, then came back up to the current gap to the tick. See that section below.

Net ticks: +2.5 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 1546.50 at A, hit first target for 6 ticks and that was it. Almost took the short under the S2, but that also only went 6 ticks (to fill the gap from yesterday) before we reversed back up to fill the new gap:

A loser and a winner on the flattest day we’ve seen yet. Holy smokes was that brutal until a bit after the Fed announcement. At one point, I couldn’t even see the VWAP or market directional lines on my charts because it was so flat!

Net ticks: -4.5 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 short at A at 1550.50 for what should have been an easy slip toward the gap fill and stopped after a long 30 minutes of nothing. Mark’s call triggered long at B at 1553.50 and hit first target for 6 ticks, then stopped second half under the entry:

We had a big gap down and no volume (1.4 billion NASDAQ shares total). The market recovered from the start. Called one ES trade that stopped, but didn’t re-enter due to market volume (the re-trigger worked). See ES below. We continue to hold our futures trading to limit calls as the market is just not showing the volume.

Net ticks: -7 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 1546.00 and stopped:

I was on the road for the session. Mark had one call, see ES below. There was a nice NQ setup too.

Net ticks: -7 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:

Mark’s call triggered short at A at 1552.25 and stopped for 7 ticks. He called off the retrigger, which worked nicely, as gaps tend to fill more frequently on Fridays. The gap filled also, and note that the Value Area High was the high of the session:

A better day, but one false start again and an extremely flat opening hour. The ES filled the gap and then rolled hard. See that section below for the recap of the trades. Volume was 1.5 billion NASDAQ shares again.

Net ticks: +4.5 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:

Swept the trigger short at A at 1547.25, and I said to take a retrigger. Triggered long at B at 1549.75 and filled the gap, closed it for four ticks winner when the market seemed to be stalling at the gap fill after some time. Triggered short again at C (same short trigger), hit first target for 6 ticks, lowered stop twice and stopped in the money at 1545.00 at D:

Another day of light volume, bad range, and frankly just narrow bars in the futures. One call on the ES stopped and we didn’t do any more. It did set the UPT and then break it and work, but action was just too tame.

Net ticks: -7 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 at 1542.25 and stopped for 7 ticks:

The Levels were very tightly spaced because of how flat Thursday was. We gapped up early and filled the gap quickly without setting any of the Levels, and you knew it wasn’t going to turn into much else after that. I posted one trade because the ES set the R2, but listed it as half size because I wasn’t expecting much. See that section below.

Net ticks: -7 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 1543.00 and stopped:

We always come into the quarterly contract roll date with little expectations. However, we did have enough of a gap and an early setup to give one trade a try. In the end, the market did what it usually does on options contract roll day…nothing at all. Market volume was a horrible 1.4 billion NASDAQ shares to go with it.

Net ticks: -7 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:

The opening bar set the UPT from above, so we took the short at A at 1541.75 breaking under that for the gap, but nothing happened. No re-entry as the market was clearly dead:

Nice setup on the ES stopped once, then triggered on news, which is never what we want to see. It was a lazy day overall, although volume hit 1.7 billion on the NASDAQ. See ES below.

Net ticks: -7 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 1536.50 after setting the R2 level, but stopped exactly to the tick for 7 ticks loss. I stated it was valid again, but it triggered in the next bar on the better than expected ISM data and faded back. When it hadn’t done anything for ten minutes, I closed it at the entry:

A trade that we closed at the entry due to lack of market interest and volume, and that was it. See the ES section below.

Net ticks: +0 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, but closed at B after 45 minutes of the market doing nothing over lunch on no volume. There was just no reason to trade or stick with it. The better entry would have been the long over UBreak at C, but since volume was so poor, we didn’t call it:

Nice winner to start the month in the ES. See that section below.

Net ticks: +12.5 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 1503.50, hit first target for 6 ticks, raised stop a few times and stopped final at 1508.25 for 19 ticks:

A day where Rich and I were plagued with Internet issues and volume was back up to 1.9 billion NASDAQ shares, but the market was very flat all morning, then drifted higher over lunch, then came back to the VWAP. The biggest bars of the day were the last two, where we sold off.

Net ticks: -7 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 1520.00 and stopped (note that it triggered right on a Comber 13 sell). It based right under the UBreak again during lunch and we discussed taking it again, which worked, but my Internet was down:

Our Levels were spaced pretty wide because of the big range on Monday, so it took a while to get any setups, and we were heading into lunch when it did trigger. I went half size due to time of day, but we count the results equally here. See ES below. NASDAQ volume was only 1.7 billion shares.

Net ticks: -7 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 1484.00 at A and stopped for 7 ticks:

Couple of winning trades on the ES that were called officially. See that section below. Also, note the Value Area play on the NQ.

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 triggered long at 1523.00 at A, hit first target for 6 ticks, and stopped second half under the entry. Mark’s short triggered at B at 1518.50, hit first target for 6 ticks, and he lowered the stop twice and stopped at 1515.75 at C. There was also a nice Value Area setup here that worked that we discussed in the Trading Lab as it happened:

A dull session that gapped up, left the gap behind, and saw half of the day’s range covered in 10 minutes around the 20-minute mark of the session. See ES below.

Net ticks: -7 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:

Mark’s ES call triggered long at 1525.00 and stopped for 7 ticks:

Same problem as Wednesday. A very nice setup triggered and stopped once before triggering again and working. See ES below. Friday is options expiration heading into a long weekend, so we may not have any futures calls if the action looks flat early.

Net ticks: -1.5 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:

Mark’s call triggered long at A at 1515.50 and stopped for 7 ticks, then triggered long again 10 minutes later, hit first target for 6 ticks, and he revised the stop twice and stopped 5 ticks in the money:

A nice setup on the ES for the gap fill that failed early, and then triggered again after the first hour for options unraveling and worked, so basically a wash.

Net ticks: -1.5 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 short at A at 1518.00 and stopped for 7 ticks. Triggered short again at B, hit first target for 6 ticks, and stopped final half at C at 1516.75:

Volume is back. The NASDAQ traded 1.9 billion shares again, and we had another nice day in futures. Could have been a perfect week if the ER had gone an extra tick yesterday. See the ES section below for today’s recap.

Net ticks: +16.5 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:

Set the Pivot and then triggered short at 1505.00 at A, hit first target for 6 ticks, and then lowered the stop several times and stopped the final piece at 1498.25 for 27 ticks at B:

A clean winner on the ES for the session and nothing else. See that section below.

Net ticks: +6 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 1502.25, hit first target for 6 ticks, and stopped the second half at the same 6 tick gain:

None of the calls triggered in a market that ended up with end of month behavior as expected, although NASDAQ volume was a solid 2.1 billion shares. There was a nice setup in the market late on the long side that didn’t materialize.

Net ticks: +0 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:

A winner and a loser on the ES in another session that saw narrow action for the first hour, although the broad market broke out over lunch despite the Fed meeting. NASDAQ volume was 1.9 billion shares.

Net ticks: -4.5 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 1496.25, hit first target for 6 ticks at VAH, stopped second half under entry. Triggered short at B at 1493.75 and stopped for 7 ticks. No re-entry:

Two stop outs on the ES as we continue through earnings season and a lot of dull activity (until the last part of the day when the rumors fly). See ES below. NASDAQ volume was 1.7 billion shares.

Net ticks: -14 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 at 1486.50 and stopped, that would have worked on a retrigger but the range was too narrow at the time. Mark’s call triggered short into the Value Area at B at 1484.75 and stopped for 7 ticks, would have been valid again but never triggered:

One stop out on a clean Value Area setup on the ES, and that was it to start the short week. Volume was decent earely but ended up around the usual 1.7 billion NASDAQ shares. The futures spiked in the minutes after the close on some earnings.

Net ticks: -7 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:

Mark’s call was a nice setup with the Pivot and Value Area High lined up at the same place. Triggered short under that at A at 1476.50 and stopped:

One winner, see ES below, on a day that we did NOT get the options unraveling move in the markets that we anted. NASDAQ volume was 1.6 billion shares.

Net ticks: +4 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 1464.25, moved up a bit, and 30 minutes later it was stuck at the gap fill, so I did something unusual, which was to just close it out for 4 ticks:

One loss on the ES on a day with a gap and a mixed market as AAPL dragged down the NASDAQ but everything else did OK. Volume was 1.7 billion NASDAQ shares. See ES section below.

Net ticks: -7 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:

Mark’s long triggered at A at 1462.75 and stopped just barely for 7 ticks, then worked later exactly across the Value Area:

A horrible session on light volume covering only 5 points of ES range, but Mark pulled out a small winner in the morning. See ES below.

Net ticks: +2.5 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:

Mark’s call triggered short at A at 1465.00, hit the first target for 6 ticks, and stopped the second half over the entry:

ES call triggered twice, stopped once and worked the other. See below.

Net ticks: -4.5 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:

Mark’s ES call triggered short at A at 1457.25 and stopped for 7 ticks. It retriggered at B, hit first target for 6 ticks, and stopped over the entry:

A nice setup against the Pivot that failed early, but a nice breakdown after that that worked, and that established the range for the day for the market. See ES section below.

Net ticks: +1 tick.

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 1455.00 and stopped. It spent 20 minutes above the trigger, so I don’t take that again. Mark’s call triggered short under LBreak at B at 1450.75, hit first target for 6 ticks, and adjusted the stop twice and stopped 10 ticks in the money:

Net ticks: -18.5 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:

Mark’s call triggered short at A at 1452.50 and stopped for 7 ticks. His long triggered at B at 1455.75 and stopped for 7 ticks. He took both again, with the long triggering at C and stopping again. The short triggered at D, finally hit a first target for 6 ticks, and stopped over the entry: