Well, no need to get so emotional. It's just another typical profit taking day. What's important is, as always, have an exit plan in case you're wrong.
Where was @v-shape-0DTE between 2009 and 2020? The guy's acting like bull markets was invented two years ago.
It is much different, we never had such a strong V force. Anyways, I can see there is a real threat of seeing downside this week, but it's hard to believe it will happen with all the V's they will throw at this thing. The Green Monday was bearish. Not sure how much they will allow it to drop today. Worst case scenario the Q's fall to 481-482 this week. We shall see. I'm not sold, just saying I see the threat, but again this market never wants to stay down. Today does feel like a quick V.
Yep, the V force once again just too damn strong. There's a reason why ALL RED days are so incredibly rare in this market.
Tech has gone green. Q's at 500. They pretty much held that level all day yesterday too. Now we all know the great NVDA reports tomorrow, and if it tanks, down go the Q's. So why did it hold that 500 level all day yesterday, and a nice bounce right back to it today? I think the V-man is in the house.