The stimulus is likely done by tomorrow. Relief rally then probably more selling. Maybe, 2 days of green...
...after an entire month of down..and for you younger tots, an American classic from the motown days for illustration... https://www.youtube.com/watch?v=HfxqQmWtG - this one from Trump/Letterman 1992, could not resist..
The way I see things these days, 'The fat controllers' will turn hell upside down to ensure markets do not collapse. The markets are sacred, "do not threaten me!". I went short a week or so ago very briefly but got shaken out by high volatility. It's way too risky imo for an EOD trader such as myself to hold a short position for any length of time, I think that window of opportunity is now gone where there's a margin of safety. What concerns me the most is gummint will shortly come out with some eddict to prop up the markets and shorts will get instantly fried. Besides, I'm seeing green shoots appearing, early days yet to call a bottom but I think panic will recede from here. I went long more gold position a couple of hours ago. Not quite the time yet to go long on other stocks but I'm ready, financials and technology stocks are my targets predominantly.