Not a vertical down move. Likely to have a number of sideways days before a fullblown downtrend starts. Give it some time to get ripe on the tree.
Classic mean reversion S&P action... big move down yesterday, 50% bounce gap up today followed by downside continuation. Key is 3k support. Made winning trades in TVIX and other inverses today
Changed my earlier vote from consolidation to crash. Why are votes not public? Anyway "crash" is kinda a stronger descriptor than what I would use for what I think soon might take place.
The bears were coming this year regardless, COVID just helped accelerate their voyage. Is there more low to go? I'm hedging my bets, continuing to take profits where I can.