Market Overview

  • Premarket Up
  • BTC Up
  • Gold Down
  • WTI Up
  • Brent Up
  • Bonds(yield) Up
  • Vix Down
  • Retail Sales and Core Retail Sales at 8:30 AM
  • JOLT's Job Openings at 10 AM
  • Airlines seek $50 billion bailout and Trump said back 100%
  • Philippines shuts Financial Markets
  • Europe in lockdown
  • Volkswagen, Airbus, Renault to suspend production
  • U.S. Coronavirus
    • Total Cases: 4,743
    • Total Deaths: 93
  • I was expecting a technical bounce with local bottom around 20000 for Dow. I just don't know whether it's going to be a relief recovery rally or dead cat bounce yet. No matter what you must make sure to take some profit or reduce your loss at that time.

Flags from Monday




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.