NQ ... sometimes "V's" are double V's. I do not know why some call it a double u. But who am I to fight the weight of human history?
It's very difficult to know for certain for sure. I just feel it's qualitatively different than a retrace on an up day. I had the big picture right for today, but got chopped up on the gyrations after the initial move. There's not much margin for error in this game. That's why it's so hard...
Not to your level of detail, but: buy, sell, go fishing, yes I get that much Based on the above, take a break, setup some price alarms, see if there's an opportunity for an overnight trade and, if nothing pops-out, come back tomorrow for the PCE. Unless there's some surprise bad news (and there's plenty that *could* go wrong), I'm still leaning long. (Edit: and so far, we're still up for the day)