Shared by
lockleardaniel2
Tags:
XLE
continuation resistance
pSPY
Market was rejecting a doji at the HOD, VIX pushing up strongly, sector selling off with the market and stock was following. Stock slightly pushed up but the market and VIX was not supporting the push so i tripled down. Scaled out of the trade as market was getting closer to LOD, closed the trade when market hit LOD expecting a slight bounce back that i did not want to hold through.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-12-16 10:00:20 | OXY | -500 | $62.250 | -500 |
| 2022-12-16 10:06:50 | OXY | -300 | $62.340 | -800 |
| 2022-12-16 10:09:23 | OXY | 500 | $62.070 | -300 |
| 2022-12-16 10:10:07 | OXY | 150 | $61.980 | -150 |
| 2022-12-16 10:13:44 | OXY | 150 | $61.890 | 0 |
Comments
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nice