You said you've been doing this for a long time, but you come across as very inexperienced to be honest. Anyway, I'll stop riding you. Only reason I've been doing it is because you've said so many dumb things - the primary being "This market will NEVER drop again in our lifetime". LOL. The other one is the fact that even if the market recovers and make that V, you need an entry and you need a stop. That's the hard part.
Tomorrow is triple witching day. Statistically, this is a very high probability red day. Last five years: I was considering trying to leg into a long position overnight for a relief rally as the indices seems to be oversold short term and the day after a big move often consolidates, but after this Close I'm more inclined to sell this. Maybe we'll actually gap down tomorrow around SPX 5800 and fill the election gap (5782,76) before we rally back to unchanged around SPX 5850.
We’ve got some technical damage on the charts. I expected today to be more of a dead-cat-bounce than a true rally back up or “V”. Wasn’t surprised we’d keep bleeding. It also wouldn’t surprise me to have some more downside and sideways action this week and early next, with maybe a strong move up to end the year with to make us all feel good, Santa rally, etc. Tough not to expect us to realistically get back to where we were pre-election.