Nice Bounce; Now Let's See Which Side Gets Trapped

Corrective markets love to draw in hopeful shorts and longs alike, given the various looks we see throughout the trading session, and then close the trap door shut with abrupt moves in the opposite direction. 

In today's tape, though, we have bulls apparently regrouping after a poor showing just a few hours ago as the QQQ flipped red. Thus, bulls have the ball for a relief rally and we shall see if the likes of AMZN TSLA sustain some strength with buyers stepping in to defend these prominent tech stocks which have suddenly come under heavy scrutiny. 

I am treading cautiously here, still, but inclined to take carefully crafted shots as the opportunities unfold. 

More in my recap after the bell.