The markets gapped up and just kept going. One loser looking for the reversal after we were over extended. Volume started out strong but slowed, closing at 1.8 billion NASDAQ shares. See ES section below. That move was pretty unexpected from a futures perspective. We will try to get back to it tomorrow.
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:
ES:
Triggered short at 1813.00 at A, didn’t quite hit first target, stopped for 7 ticks:
