The stock market is highly complex and hard to foresee.
As an investor, everyone wants to bring clarity to ambiguity by simplifying all the factors that cause stock price volatility.
If one can find the X-Factor of price fluctuation, it is like discovering the holy grail or shortcut to wealth. 
Now let's see mooers' attempt at X-Factor finding!
@pafiak: WHAT POSSIBLY COULD GO WRONG ? $Dow Jones Industrial Average(.DJI.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$
...

The overall trend in the markets is an obvious downtrend. But on the very short-term picture there are very oversold conditions. The stock market cant fall down in a straight line. There are usually small corrections or bounces to the upside to cool off a rapidly falling market. Will we get that bounce this week? Or will the market continue to crash?
Check out the video in this link to get the current Technical Analysis for the Broader markets. Here is the link: https://youtu.be...

I took a bet on TQQQ before CPI announcement & was gaining before 8.30.
BUT... I took an INSTANT 4 DIGITS LOSS when CPI announced. I cut loss immediately & ride on SQQQ.
Sometimes, we just need to recognise the wind direction & not to walk against it.
Nobody is perfect, but try not be blinded by the pain & make the correct choice.
$Tesla(TSLA.US)$
$Amazon(AMZN.US)$
$Alphabet-A(GOOGL.US)$
$Apple(AAPL.US)$
$ProShares UltraPro QQQ ETF(TQQQ.US)$
$Invesco QQQ Trust(QQQ.US)$
...