Nice trade, anyway! 2800 is around 3% down. It's happened before. Let's see. FWIW, I'm flat from an early short and find it hard to take a stance from here. Could be a great buy here...
I love these kinds of pullbacks in strong uptrends. Staying long unless there is obvious sign of reversal.
I asked you earlier what such an obvious sign would be. At which point do you consider it a reversal and not just a pullback...?
I think a lower high would quality as the end of this up trend which started in March -April. So far only higher highs and higher lows until this last sell off which took out the last higher low. For the uptrend to be over we still need a last rally and a lower high.
A break of support or your number one pattern presenting itself on more than one frame which includes your frame.
3 nice 10 points swings from the lows in succession, but they're getting sold. I suspect we might trade lower yet today.