Wow, what a dull session even though volume closed at 2.1 billion NASDAQ shares. What is going on here the last three days?

Net ticks: -7.5 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 1747.00 and stopped for 7 ticks:

NQ:

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 3374.00 at A and stopped just by a tick quickly after the sweep. Triggered again, hit first target for 6 ticks, and stopped the final piece at 3370.50:

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