The rally in April is pretty certain imo, that's the "dead cat bounce", but the "falling off a cliff" again part isn't. I don't think anyone sees this as another 50% correction... Or do they?

No, but when the obvious trade (short) is apparent, it is easy to take out weak hands with the opposite trade. Plus large institutions need a rally after this warning shot to exit positions. Always look for the shock (which is just a warning) to follow up by an exit position, followed by the real action. Real action should happen later... downwards from May.

It really reads like that doesn't it? If you were from the future this wouldn't be a bad way to share that information.

Goldman and OP both think a further fall by summer is likely [1]

[1] https://www.bloomberg.com./news/articles/2020-03-11/goldman-...

These guys are like George in Seinfeld. So wrong about absolutely everything that doing the exact opposite is the winning strategy.

On a serious note, remember that they are not your friends at all. They make money when the rest of the investors are predictable. There is no incentive whatsoever for making accurate predictions.