Uncertainty about the effect of Corona virus finally hit the market. Big red day for the market. SPY manged to hold the 50 MA for now. Needs to hold or if breaks down needs to remount. SPY below all short term moving averages now. Short term bearish market with headline news risk. Keep an open mind and trade the price action long or short.

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Here is the watch list:[caption id="attachment_58323" align="alignnone" width="800"]

EHTH Gap fill and 20 MA bounce watch at 100/101 area.[/caption][caption id="attachment_58330" align="alignnone" width="800"]

ZTS Big run and pullback. 130 support bounce play. Could be short/long round trip trade.[/caption][caption id="attachment_58321" align="alignnone" width="800"]

BLDP Flagging after a big run. Watching which way it breaks.[/caption][caption id="attachment_58324" align="alignnone" width="800"]

PINS Holding up well. Watching over 23.[/caption][caption id="attachment_58325" align="alignnone" width="800"]

PTON Holding up well. Watching over 32.50.[/caption][caption id="attachment_58326" align="alignnone" width="800"]

SDC Holding up well. Watching over 14.[/caption][caption id="attachment_58322" align="alignnone" width="800"]

CDNA Watching over 24.40 for base breakout.[/caption][caption id="attachment_58327" align="alignnone" width="800"]

SPCE Tight flag.See which way it breaks.[/caption][caption id="attachment_58328" align="alignnone" width="800"]

SQQQ Market short Inverse ETF. In play if market trends down. Watching on intraday setup.[/caption][caption id="attachment_58329" align="alignnone" width="800"]