NDX Corona Virus Update

Nothing has changed the bias remains bearish. Markets do not like uncertainty and pricing in risk. Airtravel is first to go, Retail 2nd. As an Airline Captain flying in Asia and into China I can see things up close and personal.

Today 7,816 confirmed cases worldwide, 170 fatalities with 124 recovered.

The growth rate has slowed to 30% per day a good sign but numbers are rising.

Tomorrow forecast of cases are 10,100 infected and by Monday roughly 23,000 (down from 29,000 I forcasted last Monday)