A loser on the ES and a winner on the NQ. The markets gapped down small, did very little early, volume was light, and then we finally rolled to the downside a bit. NASDAQ volume closed at 1.5 billion shares.

Net ticks: +2 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:


Triggered long at A at 1974.00, didn’t quite hit the first target, and stopped for 7 ticks:


Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.

Triggered short at A at 3906.50, hit first target for 6 ticks, lowered stop several times and finally stopped 12 ticks in the money: