May-29-2024 usd$209.50 in loss - US Bonds Yields went high
From overnight the down direction was clear and strong. But the average exit protection in the CTTool010 made a loss each time the price returned with a pullback so instead make profitt in the down direction we got a loss just after the US session open.
A rotation to the up side enabled the CTTool010 buy grid recovering from the previous loss but a new down move closed the grid again in loss.
A new small up grid set that immediately closed in loss.
I think the strong down movement was based in the US Treasury bonds yield increase, may be some investors just sold out some of their stocks to invest in bonds, not sure but is the only reason i found for the movement of the market today.
This was a good trading example to consider in the new version, if the price is going down even with loss protection we must collect profit and that did not happened today.
All have a great day!
AG