I think that all the market is waiting for is some kind of positive news about the virus showing some type of containment and the market will bounce, problem is that it may still be a few weeks before we get that, hence another leg down still after the Fed on WED.
My best guess is that we see a really quick pop up in the market right after the fed talk at 2:00 and they will take out as many short stop losses as possible and then this will tank and we will get one more leg down.
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