Wasn’t expecting much for clean action on the first full day of volume on the September contracts. Got stopped once and another trade hit the first target and that was it. See ER section below. Note how the ES exactly got in sync with the Value Area of the new September contract.

Net ticks: -3.5 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:

ER:

Triggered short at A at 1154.80 and stopped. Didn’t put it back in, but the retrigger would have worked. Triggered long at B at 1158.20, hit first target for 8 ticks, and stopped second half under entry:

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