The prediction would be to stay off the market until calm has restored. There is no prediction, just some good 'guesstimation'. There is no rational in the market right now as people are interpreting the Italian elections with fear and panic selling started. Furthermore, this happened overnight after European market closed. We'd have to wait and see how the European market will react when it opens in a couple of hours. See if they will continue the panic or will they calm down. Italian election got stuck with no clear majority/winner and market is fearful.