Anything red will work
Dex/merc is fine
Type f is fine.
+4 is fine
Dex VI is fine
Dex/merc will lubricate bushings and planetaries better than type F but type F will have firmer shifts due to the lack of friction modifiers in the additive package. Less friction modifiers, the quicker the clutch packs engage when they are applied. Other fluids have friction modifiers which help with smoother shifts. However, with a shift kit valve body, no matter what the fluid, it will shift firmer than stock application.
I run Dex/merc in my race car 727
5.40s at 125mph in the 1/8
Nick Allison runs Dex/merc in his 904 running 10.80s at 126 in 1/4
Other team cars with big power run type f. I do all the transmissions in our team cars and none of them have issues with any fluid. Being a builder, I tried different fluids to see if there was any difference in performance on the track, and during overhaul. So far I’ve found nothing.
I used to run type f as long as I’ve raced. But with valvoline Dex/merc being $20.24 a gallon at Walmart, I switched to it and car shifts the same as it did with type f.
So as stated, anything red will work.