The rebound target

Just a quick note what I think will be the most likely rebound target in the next few days. I think a big rebound tomorrow is a high probability thing based on the bullish price action last Friday (big reversal) and the extreme oversold condition. The rebound could be fierce and powerful given how much panic we have seen. All the sudden there may be a FOMO moment (Feel of Missing Out) that everyone who sold hard due to panic wants to get back in, in fear of missing out the bottom or being left behind for the next uptrend. Look for the 2680-2730 band as the strong resistance for SP. If hit, especially around 2730, another big selloff may ensue towards 2600. This rebound may take a day or a few days depending on how fast the market mood is changing. I’ll be aggressively taking my profits from numerous put sells from last week if the SP target hits .