Wuhan virus statistics show that fatality rate is still within 2% - 3% mark, despite infected cases being more than SARS. After 2 major sell-downs, HSI has now broken down from the up-trend channel. We might see a dead cat bounce back to the trend line, before going down to first support.
After bump & run, Dow jones has established a uptrend channel where 50EMA seems to be a support.
Given that markets get some confirmation that the wuhan coronavirus has been contained, the sell-off should ease and there should be some respite.
