Using a 5-min chart we had two entries after the market calmed down. First we had a descending triangle (ascending triangle on QID) that failed right at the opening range low. An orderly throw-back provided a low risk short entry at the 50-EMA.
Of course, if you couldn't get the shares to short, QID long would have provided a mirror set-up. The second retracement back to the 50-EMA was deep and choppy, but buying at the moving average with a tight stop loss order just below would have given you a comfortable trade. 
p.s. WOW....it's only Tuesday and so far we have sold off 2000 points on the DOW in the past two and a half weeks (17%). Over 500 on the Nasdaq (22.5%), and over 250 on the S&P (20%)...in only 12 trading sessions!
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