Trade report, 16 October 2026: two baskets, one NDX leg down
Two index baskets on a day the Nasdaq fell 2.1 %: NDX −17.4 points first, then four positions up (NDX +31.8 and +95.4, SP500 +14.9 and +10.8 points). Nothing held over the weekend.
Platform time UTC+3. Every entry, exit and result comes from the trading account's closed-position history. Returns for XFX investors are produced by Darwinex's risk engine and differ from these numbers — see the section on XFX investors below.
The trades, on the charts
Five long positions in two index baskets, all opened and closed on Friday evening. Basket 1 paired SP500 and NDX and added a second, smaller NDX position ten minutes later; basket 2 paired SP500 and NDX again an hour after the first closed. One chart per instrument, the one with the loss first. The green triangle is an entry, the dot the exit (green closed up, red closed down), the shaded band the time the position was held, and the numbers match the list under each chart.
| # | What | Entry | Exit | Result |
|---|---|---|---|---|
| NDX 1 | ▲ long basket 1 |
29,317.0 20:11 |
29,348.8 20:41 |
+31.8 pts |
| SP500 1 | ▲ long basket 1 |
7,663.8 20:11 |
7,678.7 20:41 |
+14.9 pts |
| NDX 2 | ▲ long basket 1, added |
29,250.4 20:21 |
29,345.8 20:41 |
+95.4 pts |
| NDX 3 | ▲ long basket 2 |
29,205.1 21:29 |
29,187.7 22:57 |
−17.4 pts |
| SP500 2 | ▲ long basket 2 |
7,643.7 21:30 |
7,654.5 22:56 |
+10.8 pts |
▲ long (bought) · nothing held overnight or over the weekend
The loss, first
The day's only loser was the NDX leg of basket 2: bought at 29,205.1 at 21:29 and closed at 29,187.7 at 22:57 — −17.4 points after 1 h 27 min. Its SP500 twin, bought six seconds later at 7,643.7 and closed at 7,654.5 at 22:56, finished +10.8 points. On both charts the indices fell for about half an hour after the entries, then recovered; at the exit SP500 was back above its entry, NDX still just below its own.
What the record shows: in basket 1 a second NDX position was bought ten minutes after the first, 66.6 points lower, and all three positions of that basket were closed together at 20:41. Everything was closed before the US close, so nothing was carried into the weekend. On a day the Nasdaq Composite fell 2.14 %, the loss is small, and it is still the first thing in this report.
What happened, in order
- 19:30–20:10 — both index futures fell through the early evening.
- 20:11 — basket 1: bought SP500 at 7,663.8 and NDX at 29,317.0, seven seconds apart.
- 20:21 — added to NDX: bought a second NDX position at 29,250.4, with the index lower than at the first entry.
- 20:41 — basket 1 closed after a rebound on both charts: SP500 at 7,678.7 (+14.9 points), NDX positions at 29,348.8 (+31.8) and 29,345.8 (+95.4).
- 20:45–21:30 — the indices fell again, below the levels of the first entries.
- 21:29–21:30 — basket 2: bought NDX at 29,205.1 and SP500 at 7,643.7.
- around 22:00 — low of the evening on both charts, then a recovery.
- 22:56–22:57 — basket 2 closed: SP500 at 7,654.5 (+10.8 points), NDX at 29,187.7 (−17.4 points), shortly before the US close.
Basket 1 paired SP500 and NDX at 2.0 : 0.5 lots, plus 0.2 lots of NDX added; basket 2 at 2.0 : 0.5.
Market context
On Friday 16 October technology stocks sold off again: the Nasdaq Composite closed at 26,140.03 (−2.14 %) and the S&P 500 at 7,659.44 (−1.1 %), while the Dow lost 0.3 % to 52,002.41. For the week the Nasdaq fell 4.5 % and the S&P 500 1.9 %, while the Dow gained 0.7 %. The sell-off hit technology and AI-related stocks, and the semiconductor index fell for an eighth straight day. The 10-year Treasury yield ended near 5.10 %, about 15 basis points lower on the week; WTI crude settled at $99.02 and Brent at $109.86. Sources at the end.
Costs of the day
Commission on all five positions; no overnight financing and no dividend adjustments. Costs took 1.3 % of the day's gross trading result. They are part of the record, so they are part of every report.
What XFX investors saw
DARWIN XFX replicates this account's positions through Darwinex's risk engine, which targets a monthly value-at-risk of 6.5 % (95 %) and scales position sizes accordingly. An investor's result for 16 October is therefore the change in the DARWIN's quote, published on the XFX page at Darwinex, not the figures above. That is also why these reports are written in points, not currency: points describe the trading; the DARWIN's quote describes the investment.
About the charts
Entry and exit prices and times are the account's real fills. The market lines are public reference series at 5-minute closes, via Yahoo Finance: the Nasdaq-100 E-mini futures (shifted down by 195.7 points) and the S&P 500 E-mini futures (shifted down by 47.3 points). Each shift is the average gap between the reference series and the account's CFD price at that instrument's fills, so that the line sits on the same price scale as the fills. The charts show 19:30–23:30, the part of the evening around the two baskets. The exits of NDX positions 1 and 2 were three seconds and three points apart, so their dots overlap on the chart. The shape of the day is the market's; the levels of the fills are the account's.
Sources
- AP via ABC News – How major US stock indexes fared Friday 10/16/2026 (S&P 500 7,659.44 −1.1 %, Dow 52,002.41 −0.3 %, Nasdaq 26,140.03 −2.1 %; weekly −1.9 %, +0.7 %, −4.5 %): https://abcnews.com/Business/wireStory/major-us-stock-indexes-fared-friday-10162026-137331951
- Investrade – Market Review: October 16, 2026 (S&P 500 7,659 −1.09 %, Dow 52,001 −0.34 %, Nasdaq 26,140 −2.14 %; 10-year 5.097 %, −14.6 bp on the week; WTI $99.02, Brent $109.86; semiconductor index down an eighth day): https://investrade.com/market-review-october-16-2026/
- Yahoo Finance – 5-minute chart data, 16 October 2026 (market lines of the charts): E-mini Nasdaq-100 https://finance.yahoo.com/quote/NQ=F/ · E-mini S&P 500 https://finance.yahoo.com/quote/ES=F/
- Darwinex – DARWIN XFX (VaR target): https://www.darwinex.com/invest/XFX
- Trading account history (MetaTrader 5): closed positions opened on 16 October 2026