Two winners and a loser on the ES for net gains. The markets opened flat, headed up for 20 minutes, went dead, then rolled in the afternoon and almost filled the gap from Monday. We head into the Holiday now, so things will be light. NASDAQ volume was 1.6 billion shares.
Net ticks: +8 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 1611.75 at A, stopped for 7 ticks just barely (a sweep in and out), then went again shortly after, hit first target for 6 ticks, stopped second half 8 ticks in the money (the two trades washed). Later, the short triggered at B at 1605.00, hit first target for 6 ticks, and stopped second half in the money for 10 ticks: