Two calls on the ES that both worked great as the week started out with a bang on almost 2 billion NASDAQ shares after a gap down. See that section below.
Net ticks: +7.5 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:
Mark’s call triggered short at A at 1565.75, hit first target for 6 ticks, and stopped second half 4 ticks in the money. My long triggered at B at 1573.00, hit first target for 6 ticks, and stopped the second half just under the entry: