Sold my position afterhours, thought that next day will continue dropping, but futures prove otherwise. Bull still intact?
Don't worry, the Funds will dump their positions even worse than yesterday in the coming sessions. The little spolit brats didn't get what they wanted 50 and 75 at the discount window Your positions will severely be diminished soon enough.
Just as selling the close was a bear trap. The markets will do what causes the most people possible to lose the most.
There are lots of reasons for the bounce. The most important one, is that Surfer was gloating how he finally got the market to go his way (for once). The Market hates this kind of bragging and will soon turn his near-breakeven trade into a total mess...