$1585 and $1580 are the important resistance I am looking. Like the Iran crisis, the Coronavirus will pass once the mitigation factors by China and world kicks in and on going development pf the vaccine.
ST there will be a lot of fear whipped up by the media. This virus like any Flu variants we experience yearly have no vaccine yet so draconian policies to control transmission rate will have an impact on economic growth in China which has a big impact like Oz which depends upon them to generate economic growth.
Time to start looking at sectors smashed by this sentiment, timing it correctly is the most difficult thing to do.
