We gapped up with earnings and then went flat for the first hour for expiration, setting up a narrow range to break either way. We swept twice before finally going to the upside, see ES section 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:


Nice setup for either direction early, but we swept the long side twice in the first hour before finally going. Triggered long at A at 1961.25, stopped, triggered again at B, stopped, and then triggered at C and worked to first target and closed out at 1964.50 under UPT. Usually would have held and that would have worked great, but with options expiration, I cut it. Too bad it stopped twice first: