A loser and then a winner on the ES for net gains on a gap and go day that saw better volume than the prior session. We closed with 1.6 billion NASDAQ shares as we wait for tomorrow’s Fed announcement.
Net ticks: +3 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:
Mark’s call triggered long at A at 1425.25 and stopped for 7 ticks. He put it back in again and it triggered shortly thereafter, hitting the first target for 6 ticks and, after 3 raised stops, finally stopping the final piece at 1428.50 for 13 ticks: