A winner and a loser that washed on the ES after it set the S4 level after a big gap down and continuation day, something we don’t see much and can be hard to trade with the gap. NASDAQ volume closed at 2 billion shares.
Net ticks: +0 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 short at A at 1818.00 and stopped for 7 ticks. He entered it again at B, hit first target for 6 ticks, and stopped second half 8 ticks in the money: