Futures down 1% - Could Monday be another 1%+ decline?

up 2% in an hour from the open. At this rate 3% green by Monday's close. This market's bipolar

This dead cat was thrown off the empire state building. Let's see how far it bounces.

Tremendously bad news on Corona in the US over the weekend. It's spreading like wildfire. Wait for RTH before calling a bounce.
 
This dead cat was thrown off the empire state building. Let's see how far it bounces.

Tremendously bad news on Corona in the US over the weekend. It's spreading like wildfire. Wait for RTH before calling a bounce.

Even with superbad news it can't go down in straight line. So 3%+ is quite possible. We LL be great opportunity to dump longs and initiate new shorts
Although Fed can take Chinese playbook and corner markets in whick case record highs no matter what
So must be openminded
 
I'm hoping for at least a 3-5% relief rally so I can add more short etfs. On Thursday and friday I sold off some short etfs and added a handful of long 2x and 3x etfs
UYG, DDM, MIDU, FNGU, GUSH, QLD. Tomorrow if the markets open strong I'll be quickly getting rid of 1/2 of these positions.
 
giddy af ovah here.....when does the dump commence on all these longs?


BEAR at the ready

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