As bad as today was.....
Don't forget, there was no real short selling since it was banned by the SEC.
After a drop like today, people could normally be confident there would be at least SOME rebound when the short sellers "buy to cover". That normal market process will not be happening tomorrow, since they outlawed short selling. There is literally nothing stopping it from completely tanking without short selling, which usually provides a "road bump" on the way down when everyone has to buy to cover.
Don't forget, there was no real short selling since it was banned by the SEC.
After a drop like today, people could normally be confident there would be at least SOME rebound when the short sellers "buy to cover". That normal market process will not be happening tomorrow, since they outlawed short selling. There is literally nothing stopping it from completely tanking without short selling, which usually provides a "road bump" on the way down when everyone has to buy to cover.