Nice winner in the ES on the short side after the market gapped up and broke lower to fill the gap. It was a classic Value Area play. See ES section below.

Net ticks: +12.5 ticks.

As usual, let’s start out by taking a look at the ES and NQ with our market directional lines, VWAP, and Seeker:

ES:

Triggered short at A at 1350.75 breaking into the Value Area, then hit the first target for 6 ticks, then lowered the stop several times and stopped at 1346 at B for 19 ticks to final exit:

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