The expression "Space Cat Jump" is defined as the exact opposite of "Dead Cat Bounce". It is a term used during times of fear mongering, uncertainty, or peril, as to where the Federal Reserve prints unlimited money, and purchases unlimited assets in order to keep the markets alive.
The phrase "Dead Cat Bounce" is the notion that even a dead cat will bounce if dropped from a high-enough point. On the contrary, "Space Cat Jump" is when a cat is in space, jumps off an object, and is sent nowhere but up due to the lack of gravity. This gravity is defined as the fundamental rules that keep the market in order, and the cat is will go as far as the moon, if not further.
As Dr Fauci and Redfield advise states to shutdown due to COVID 19, we expect a dead cat bounce in the market, but in reality J Powell and Steve Mnuchin continue to purchase assets which will actually cause a Space Cat Jump in order to keep the market from sinking into a black hole.