One big punch from 800 Pound Gorilla hit global market today with more than 800 points drop in Dow Jones. Major indexes lost more than -3%.
Fears on Corona virus widespread to South Korea, Japan, Iran, Italy became reality that deadly virus is out-of-control into global stages.
Not only disease is hard to control to keep people safe, its economy impact would be significant because of dependence on China in manufacture, processing, producing, assembling etc.
It should be clear to state that 10-year-old bulls are likely over by now.