The markets open in China at 8pm Central.

After a weak opening and selling off in the US markets earlier, everything has reversed higher.

Crude actually made new lows and the stock index almost tested the lows from Friday.

The Dow mini futures are +214.  Crude was down to 43.50 and is up near 46 right now.

Beans were down to 891 and are up to 897.

NG has popped $600/contract with massive warmth on the way.

Have we maxed out/seen an exhaustion in the panic selling?

When it happens, this is exactly what it will look like. In this volatile environment, I would not bank on anything though. 

However, this is a very good sign. 

Markets struggling to hold potential reversals.

One problem is that the peak in corona virus infections and deaths is likely over a month away.....and might be well over a month so this will be like a massive anchor trying to sink us and at the very least slow foreword progress.

If the media could get a reality grip and put more perspective on their reporting.....instead of dwelling on scary stats..........as in WOW, looks here how fast this killer virus is spreading based on the latest numbers but instead tell us that this is totally expected and part of the process that will lead to a peak, like it did in China and that we are doing some smart things......instead of trump has no idea what he's doing and will cause an epidemic.