A solid looking ES entry into the Value Area swept twice before finally working. See that section below. NASDAQ volume closed at a weak 1.7 billion shares as we wait for the Fed. Tomorrow is also end of month.
Net ticks: -14 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 A at 1868.25 and stopped. He entered again at B and it stopped. He did not re-enter, and then it worked to fill the gap: