I was thinking one more leg down, but we did test that 5900 number, so it's possible the tide is turning. So far it's a pretty weak bounce off the lows. Leaning short still.
I'm right here not playing any longs today actually. Have to appreciate a day like today. It's so damn rare. Have to give credit to @schizo for a great call. Anyone is guessing how much lower it's allowed to fall today. We have the QQQ gap at 492ish which would wipe out the entire post election move. 486 (will be impossible to hit today) will fully engulf last week's super green candle. Or they can hold this around 497-498 and get the usual around 10ish buck for a red day. I have no idea, but I don't think we see a real bounce till Monday.
maybe, but we'll have to at least climb on Monday do the whole green thing and threaten to V first if it's actually going to drop more.