Is this a dead-cat bounce or the bottom investors have been waiting for? Dow Jones up to 20% in the last 7 days

Global stocks: Edging lower, and oil prices have plunged to 17-year lows at the start of another week set to be dominated by the coronavirus pandemic.

U.S. stocks: Rallied on Monday. The investor optimism came despite President Trump extending the U.S. lockdown to April 30 and public health officials warning that the American death toll could be between 100,000 and 200,000 with cases in the millions.

Do you think markets will run bull from now or is it a bull trap? Will VIX follow contango or backwardation period in the next few weeks?

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