Market fake outs are excellent places to add size to winning trades. At this moment in time the markets are showing a big reversal candle. Well don't take the bait, instead keep an eye on the clock and right before a new candle appears, add some more size instead. If the trade goes against you, then your risk is virtually what it was in the first place. If it works you'll be ahead before the crowd.
The reason for not taking the bait was the low volume on that big candle. That says to me there is not a lot of conviction and the the original trend will appear again, if only for a while Check it out...
1st chart shows S&P and QQQQ pop but low volume
The following charts look identical,FAZ
SKF
SRS
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