A nice winner on the YM and a trade-off on the ES. See both sections below as we got a decent move from what looks like options unraveling. The markets gapped down and rallied into the close on 1.75 billion NASDAQ shares.

Net ticks: +22 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 1760.50 and stopped for 7 ticks on a sweep, then triggered again 10 minutes later, hit first target for 6 ticks, and Mark raised the stop and stopped at 1760.75:

YM:

Very nice cup and handle setup against the VAL, triggered long at A at 15674, hit first target for 6 ticks, and moved straight across the Value Area. Then based above the VAH and stopped under it at 15719 for 45 ticks to the final exit at B:

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