From a technical analysis standpoint, I agree with you. However, I wouldn't be surprised with bullish news from the Fed, and good news for corona, It could gap up Monday to the 50DMA.
Of course, if bad news occurs, then I'd say your TA is likely to happen.
swxyzabc
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@AfuOptions, we need a black swan to go bearish again.
Trade-Technique
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@swxyzabc, me too. Big correction is till remain in the market.
Of course, if bad news occurs, then I'd say your TA is likely to happen.