We got a live block trade today at about 9:34 AM EST. I am thinking of a short here as it looks like a buy capitulation is underway with the rest of the stock market after the #CHINA and #USMCA vote.
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Backtesting the big Weekly ATR Stop also here. This is the standard short after the ATR trend flips to bearish (red).
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Big block trade today near the open, we are above it now. Usually I would say continue buying since the price reacted bullish to it, but I am inclined to call this a distribution block.