I do not see a 'v-shape' reversal looming? looks to me they will grind the bulls down to mince meat a bit more.
The Dow is under -200 and gotten worse. If you believe in miracles, this may be a good buy. personally, I don't believe in miracles.
This will be an interesting open in several hours after a v-shape reversal off friday low. Take look that huge 60 min RED bar down the day before thurs mid-day. Do you think we retrace that??