Since it’s clear that various governments are in full-scale Damage Control Mode (and quite successfully today, as the Dow is up something like 800 points as I am typing this), we can probably expect yet another Trade Truce Victory in the coming days. The VIX has already fallen from the mid-30s to the low-20s, and back into the teens is assured with a trade truce.
Bearing that in mind, these are the kinds of targets on various indexes I would watch for in a “best case” scenario of Good News Everywhere:
