The markets gapped up, the ES set the Pivot from above, and we had a beautiful technical trigger that ran well. See ES section below. NASDAQ volume was also greatly improved at 2.2 billion shares.
Net ticks: +13.5 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:
My call triggered short at A at 1862.75, hit first target for 6 ticks, and we lowered the stop several times and closed the final half at the gap fill at 1857.50 for 21 ticks: