US30, Bull Trap Or sustained rally after Stimulus Package?

Since the stimulus package and QE has been announced and signed by the US president, the index has since pulled itself at least 20 percent from the lows of 18000+. While this is a positive sign despite the worsening of Covid-19 around the globe. I do not think that this is a clear sign that the market has reversed it's direction. I'm still looking forward to see the index breaking through 23000 level and hold itself steady above the shorter term EMA lines before taking more positions.