The markets gapped up and the early action was very slow. Unfortunately, I didn’t re-enter the short idea that stopped early on because it did trade under the trigger for about 10 minutes before stopping, but it worked big on the retrigger. See ES below. NASDAQ volume closed at 1.9 billion after a strong opening.
Net ticks: -14 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:
Short call triggered at A at 1841.75 and stopped for 7 ticks. Long call in the afternoon triggered at B at 1838.25 and stopped for 7 ticks: