Nice. I changed my view this morning and actually entered short on the morning breakout and have been holding it ever since. I wasn't around when the market reversed off 3933 and it turned into a "hope" trade after that nearly stopping me out, but I knew 62 was a likely pivot so decided to gamble on it with a B/E stop. I'll be happy with 25, but I see low 3900 as possible here. Probably take it off for 15 points if @vanzandt is correct and we do bounce.
I can see my former self trying to pick a bottom here. And that would usually not end well. Let's get that rug pull now. I need it.
That was not supposed to happen. Closed out for 20 points on a trailing stop. Too wide stops pre-market and chopped up on the Open digging myself into a hole. Bad day, but could have been 20 points worse. Still a green week, but not by much. In this volatility we can still puke into the close even after this pop, but now we're in the middle of nowhere and my paper thin edge (if any at all) is exploited. So calling it a weekend. I think this close can get messy and dangerous. Stay safe all.