A nice day finally with good range and a big winner after the ES set the UPT coming back down. NASDAQ volume was 2.1 billion shares.
Net ticks: +39 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 1870.75 at A and stopped. Put it back in and retriggered shortly after, hit first target for 6 ticks, and stopped second half at entry. My call triggered short under UPT at B, hit first target for 6 ticks, adjusted the stop repeatedly as it kept dropping, and stopped the final piece at C at 1848.25 for 80 ticks: