A loser and a winner on the flattest day we’ve seen yet. Holy smokes was that brutal until a bit after the Fed announcement. At one point, I couldn’t even see the VWAP or market directional lines on my charts because it was so flat!
Net ticks: -4.5 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:
Triggered short at A at 1550.50 for what should have been an easy slip toward the gap fill and stopped after a long 30 minutes of nothing. Mark’s call triggered long at B at 1553.50 and hit first target for 6 ticks, then stopped second half under the entry: