Horrible market action. Hope this isn’t already what the rest of the year looks like. It was just a Monday though. One nice call that triggered and stopped. We didn’t put it back in, which was a good thing as it would have done the same. Market in a 4-point ES range for the day. See ES below.
Net ticks: -7 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 1806.50 and stopped: