Interesting open.... Always risky jumping on an open PD. Take a closer look today , that provided a good opportunity a short while later. The PD should have got you aware of the possibility of a turn, even though it was short on time ( 20 mins). It was a bull flag too, which broke, broke the 100mA, pulled back to the 100MA, AND 9964 - perfect long entry, just 11 points off the bottom. The exit wasn't too hard either, giving an ND top, along with a fail to break 32. IF you missed that, and rode the 20 point pullback, your second chance came as the top rolled over at 30. Your LAST chance out. ( three strikes and you lose!)
At this point, 10010 was support. As that failed,under the 100MA, and pulled back, it should have signalled a short...... Riding the bear flag was easy, with 10 point swings, and that should have given you T1. The double bottom at 9941and double divergence should have signalled a cover. Why hold till the second bounce? Well, T1 was met in a single move, showing strength. The move could easily have continued to 9917 ( pullback to 57, minus 40), so well worth the risk in waiting. Also, from such a steep drop, it's unlikely thet the move will fly back up.... except when it's news driven.....