Started out the week strong in the futures and then everything just deteriorated as we ran into some of the most lackluster market action I’ve seen in a while. See ER section below for the trade recaps.
Net ticks: -16 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 1119.30 and stopped for 8 ticks. Triggered again at B and did the same. Third time would have worked, didn’t take: