I think this will fail given the strength of the up move. However, I am going to stay with the sell off out of discipline and have added three Wonderwood Shorts. The stop will be honored as I am not interested in giving much back here with this play. Here is the chart:
Since the May 22 top, so far, the Wonderwood Trades have gathered 53.33 SPY points (approximately 533.30 SPX points) trading in both directions and all trades posted real time. Most Recent Wonderwood Update.
I continue to have limited posting ability right now given my schedule.
Peace, Om,
SoulJester