Agreed, you can't really use technical analysis to predict the reaction to watershed events. It seems likely some pretty sizable stimulus will pass. But keep in mind the old adage: buy the rumor, sell the news. Only way I'd bet on this is maybe a small position in SPY options at 295 or 300 expiring in a month.
Ya I went IWM, just because I was in it already, but went long two calls, and sold a calendar in it.
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