A trading session that will enter in the history just behind the 19th October 1987. A day of all superlatives, some of our indicators reached levels never seen since we compile them. Our ten day fear/greed index, our capitulation index and various other sentiment indicators reached extremes as expected since a few days. A reflex rally may well occur at this stage. The authorities should be well advised to ban short selling as did South Korea this morning which may oblige short sellers to cover their positions and fuel a technical rally. The market may equally reward finally various governments who finally moved decisevely through the implementation of various strict measures.