Market Overview

  • Premarket Down: Bearish
  • BTC Up
  • Gold Up
  • WTI Down
  • Brent Down
  • Bonds Down
  • Vix Up
  • Coronavirus cases spread surge outside China
  • Global market plunge
  • Oil dropped. Safe haven Gold and Bitcoin rise
  • Dow support at 28505 then 28223. Must bounce off of these range. Otherwise the market will be heading to the correction most likely. Potentially it could dip down to 25551.

    Flags from Friday




    Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.