Clearly stopped out of the long position, order was filled at 3816.84. (top red line)
Approximately 10% loss on the trade. So unfortunately we have erased some of the previos gains from earlier this year.
Based on our model, the short term trend has shifted to negative. As such, a short position has been initiated at close. (bottom red line)
Stop is set at 3780.28. (Green Line)
Message if you have any questions. More resources on the way supporting info on the model.
Approximately 10% loss on the trade. So unfortunately we have erased some of the previos gains from earlier this year.
Based on our model, the short term trend has shifted to negative. As such, a short position has been initiated at close. (bottom red line)
Stop is set at 3780.28. (Green Line)
Message if you have any questions. More resources on the way supporting info on the model.