aj The truth will be told tomorrow. You could argue that some consolidation is warranted, heck not everyone is on board yet, vbg. This is a dangerous market though, that much is clear.
If one uses the backdrop that the market makers are potentially bankrupt entities fighting for the lives, their short squeeze actions will dictate that they rummage from sector to sector trying to find the highest open short interest to squeeze.
From my personal experience, all they got to do raise the VIX and prices of short calls will go up in value a priori of underlying market movement and short call sellers will close prematurely if it looks like they accruing losses in a losing trade.