Futures are down as we write this on Wed evening 2/19. Market participants are starting to get more nervous about the growing infection rate worldwide, and the economic impact of the coronavirus, as demonstrated by Apple's warnings on Tue.
"Goldman Sachs sounded the alarm to clients about a possible correction in the stock market, noting investors are underestimating how big of a risk the coronavirus really is." According to Goldman: “While a sustained bear market does not look likely, a near-term correction is looking much more probable.” -CNBC So does this mean $SPX $NDX $RUT will undergo a Big Dip or a Major Pullback starting tomorrow? What's happening to Surge11 of the Up Trend? Read the full article to get the complete analysis. The full article covers: Market Internal Indicators
Short-term Support & Resistance Levels
Market Projections and Trading Plan
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