Quarterly contract roll is never a great day for technical trading in futures. One loser and I didn’t bother putting it back in again. We are now on the September (U4) contracts. See ES section below.
Net ticks: -7 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:
ES:
Triggered short at A at 1931.25 and stopped:
