CDC update on Corona Virus - No Immediate short term risks

Uncategorized Jan 28, 2020

Price broke above Q OP, retest and intraday showing strength at the minute.

30min and 60min uptrend could get us to F5.

The market fulcrum remains at Q OP

Based on CDC's statements, there is no immediate real term risks for the corona virus to hit the USA, even though they acknowledged that they are dealing with a situation that is in a constant state of flux.

The sentiment today, at this moment in time intraday, should remain bullish, until further news or developments regarding the situation.

We are trading back above Q OP.

Short to mid term markets are bullish, should see us trading higher.

Risks for a global epidemic remains low at this point.

Best of Trading,

Joseph A

DiNapoli Trading Academy



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