A trigger and a stop out on the ES. See that section below. This was a very slow trading session with little consistent movement, although NASDAQ volume was 1.6 billion in the end. Always interesting when the NQ plays out the whole day under the Value Area, while the ES is mostly above it.
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 long at A at 1459.50 and stopped for 7 ticks: