Took this as a trend continuation short/breakdown but when it didn't go immediately I closed it out. It hesitated as soon as I was executed, then reversed. I had also noticed after entry that it was a bit extended on the 5 and wouldn't go far most likely, so I realized it was not as high quality as perhaps I initially had thought.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-16 12:29:42 | SPY | sell | $202.440 | short |
2015-10-16 12:30:17 | SPY | buy | $202.450 | 0 |
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