Clearly, long term we are heading down. But in the short term, what's next?

I see people all over the internet saying today is going to be one of the bloodiest red days in history. Heck, some of those financial geniuses over in that other sub, you know the one, are talking about the circuit breaker levels on the S&P like it is a given we will hit at least 7% drop today. I just can't see it. I understand the panic, but that level of drop in a day is just stupid in todays age. Most of the movement that was going to happen already happened in the AH. Honestly, I would be surprised if we didn't pop at market open from all the dip buyers going nuts.

So, really short term, what do you think will happen? Specifically today and tomorrow. Personally, I think it will be a lot of volatility, a lot of chop, ultimately just to wind up within +/- 0.5%.