Boy, it’s so technical, it’s predictable but not easy to squeeze money out of. The ES gapped up to open at 1875 (again), set the high of the prior session (remember, the gap never filled), and gave us a winner…just to the gap fill and no further. NASDAQ volume closed again at a weak 1.4 billion shares. See ES section below. Meanwhile, we had a nice Comber 13 sell signal on the NQ that worked. See that section too.
Net ticks: +2.5 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 long at A at 1881.00, hit first target at 1882.50 (the gap fill from the prior session), but that was it, stopped second half under the entry: