For trading I prefer one direction. The opinion may be wrong - then it will result in a loss which I have to keep as small as possible.
But I need to have an opinion unless there will be no deal - neither loss nor profit.
So, what now? Will it go down to "sub 1000" as 8 hours ago or will it rise to 1216 or 1251 like 7 hours ago. Did you close your short deal and open a long one or do you have open positions in both directions now?
But I know that the opinion that we may have seen a shakeout on Friday was popular among some market participants.
Of course one shoud never say never - anything can happen - but one should better not construct the truth but be prepared for the worse as well. So your stopp seemed to have been reasonable today.