A nice call in the morning on the NQ, although unfortunately it stopped once first before retriggering and working. See that section below. The afternoon was dead. Volume closed at 1.7 billion NASDAQ shares.

Net ticks: +2.5 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:

NQ:

Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.

Triggered short at A at 2791.50, stopped once for 7 ticks, re-entered, and then triggered, hit first target for six ticks. Lowered stop twice and stopped at 2786.00:

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