After a really slow opening hour, we got a nice play on the NQ. See that section below. NASDAQ volume closed at 1.7 billion shares. Tuesday is a bank Holiday for Veteran’s Day, so we might not have any calls if market volume is as bad as expected.

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:

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 long at A at 4165.50, hit first target for 6 ticks, raised the stop twice and stopped the second half 12 ticks in the money:

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