Did well to wait for the 10:00 turn. ADD VOLD both crashing since the open but indices mag7 breaking out, Mag7 broke a huge trendline then reversed back to downside while indices had a great green week and was primed for a 50% retracement pullback from the weeks move. Got short, didnt stop too early, added, took it at NLOD. I think this is a good trade but i couldve easily been more aggressive on it and targeted the PDC like I originally had in mind. Overall not a bad session but not a great session either. I could have walked away with about 2x what i did. I could say that pretty much everyday forever though so green is good and green is green. Just need to make sure my exits are systematic as possible. I think taking it a NLOD is a good idea simply from the fact that shorts dont work too often in this market and the indices were well above a huge descending trendline from last week. All in all only thing that couldve made me more aggressive is if i took the short before the news spike then added into it looking for NLOD. That is very sketchy though but given vold add PA not the worst idea.
DRC May 10, 2024
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