Maybe. If it did rip - you would be here saying something about how this always Vs and if anyone seriously believed this would drop. And if there's a red day you'll come claiming victory after the V. You can't trade successfully on this information. Anyway, if the V crew shows up today I'll be impressed.
ate the loss on my YM earlier for a decent sized loss. Still waiting for it's inevitable 'V' but not seeing it clear last few days.
ES/SPX filled gap now. If there's a reverse it should be from this level, but I'm not feeling very certain.
Looks good for the reversal if we can get moving inside yesterday's range. ES 6011. It's a failure so far. If this goes green I'll be impressed!
Whatever you say. It's working for me. I'm back in around 502.75 and this V is already happening. No, nothing works 100% of time, but the V is definitely a profitable strategy in this market. It's always an insane struggle to bring this market down. It already fell to the support, and they won't let it go much lower. And the SPY will make a run at green like it always does. I have a stop in place in case it goes lower, but I think it's safe.