
- SHOP — momentum is clearly to the downside, however it is reasonable to expect a bounce plays within the active bear market structure.
- We waited for a bounce opportunity in SHOP and got it after it retested the early morning bounce.
- Risk to Reward was set to to 1–3.
- In retrospect, we left too much money on the table. but it’s part of the game.

- The RIVN lock period expired today and there were a plethora of sellers throughout the day after a brief spike at the open.
- We took a short trade after it showed a weakness.
- The risk was placed at the technical level, previous high.
- The trade didn’t reach it’s target, and we had to close it at the close.
- +1.68R.