As expected for end of quarter, the market was mostly flat for the session, but we squeezed out a nice winner to wrap up the month. See the NQ section below. NASDAQ volume was only 1.9 billion shares, and we have gaps below.

Net ticks: +8 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:

NQ:

Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.

Triggered long at A at 3602.00, hit first target for 6 ticks, raised stop twice and closed second half 10 ticks in the money:

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