One positive: The market has a good track record of bouncing back after big down Mondays

Big market declines on a Monday often result in the market bouncing back later in the week.

"Whether you're looking at just the current bull market or over a longer period of more than 25 years, the day and week after a big Monday decline have usually been very positive," Bespoke Investment group said.But there may be some relief coming if recent history is to be believed.

The S&P 500 "has been higher on the following trading day 12 out of 15 times for an average gain of 1.01%. In the week after 2%+ declines on a Monday, [the S&P 500] has been up 14 out of 15 times for an average gain of 3.21%!" Beyond the fact that stock market indexes generally go up over the long term, it's not clear whether there is a fundamental reason to explain this phenomenon. It may well be a coincidence that bad Mondays are a strong indicator of a positive week. But the pattern generally holds as far back as 1993, according to Bespoke's data.

"So whether you're looking at just the current bull market or over a longer period of more than 25 years, the day and week after a big Monday decline have usually been very positive," Walters said.

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