[sgbuffett]

This is not the first deadcat bounce in US market
It is actually the 2nd.... in March the market also bounced up sharply and came down making new lows.

Instead of looking at market ...market will always trick you and deceive you.

Consider the facts 
1. Rate hike has just started. 3 more to go at minimum.
2. Fed reverse moneybprinting aka QE to start QT yesterday. QT suck money back from market.
3. Inflation is very high.
4. Inverted yield curve has occurred and always followed by recession.

Be a smart investor never get lured in by dead cat bounce. ...or bear market rally.

In 2008 financial crisis investors suffered losses because they chased each dead cat bounce thinking market recovered ....