Day trading pre-market open Feb 28, page-85

  1. 2,970 Posts.
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    An interesting view of CoronaVirus is the shanghai composite. Had a steep drop and a return when headlines started saying slowing pace.

    US markets being so liquid have dropped ahead of the worse news creating potential for a steeper drop, nevertheless, being ahead of the virus and having the benefit of awareness, the "slowing down" / "No new cases" headlines isnt far away

    https://hotcopper.com.au/data/attachments/2013/2013353-19c2f47c8d368481ec3d4c91c0eedbc5.jpg

    All things equal, i'd suggest its a V shape recovery followed by a continued by another correction in April (earnings)

    Great time to trade!

    Bad time to hold long-term..
 
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