Dow volatile between 26,000 - 29,000 ( down 10% from 29,000) - if COVID-19 can be contained by Spring of 2021; and even no more fiscal stimulus is needed;

Dow volatile between 26,000 - 29,000 ( down 10% from 29,000) - if COVID-19 can NOT be contained by Spring of 2021 but a strong fiscal stimulus is available;

Dow volatile between 24,000 - 29,000 ( down 20% from 29,000) - if COVID-19 lasts into 2022;

-- Vaccine seems to be able to help contain it in 2021 and is coming on the way.
-- At least one vaccine of China in its end of phase 3 trial has been proved very safe and working well on hundreds thousands people.