The Expected Bounce May Be Over 预期的反弹可能已结束

After rising 54 points, 1.7% from yesterday's close price earlier today, the S&P500 is now turning red, erasing all its morning gains. It is not looking good and the expected bounce may be over. The problem is bad news keep on coming on the COVID-19 virus. If the market close negative today,  the S&P500 may need to go down and test its 200 day moving average level at 3045.

The latest headlines on COVID-19 are:

。World Health Organization officials and US experts say it's too early to declare the coronavirus a pandemic — but now is the time to prepare.

。Every continent except Antarctica has reported coronavirus cases. 45 countries reported confirmed cases. South Korea, Japan, Italy and Iran are most worrisome for further virus spread.

。"Ultimately, we expect we will see community spread ( COVID-19) in this country," "It's not so much a question of if this will happen anymore, but rather more of a question of exactly when this will happen and how many people in this country will have severe illness," says Dr. Nancy Messonnier, director of the CDC's National Center for Immunization and Respiratory Diseases.

。Germany health minister warns we're at beginning of epidemic in Germany.


New COVID-19 statistics:

标准普尔500指数早上涨54点，1.7％后，现在已变为负数，失去了全部早盘涨幅。看起来情况不妙，预期的反弹可能已经结束。问题是COVID-19病毒的坏消息继续不断传出。如果今天市场收盘为负数，则标准普尔500可能需要继续下跌并测试其200天移动平均线水平3045。

。世界卫生组织官员和美国专家表示，现在宣布冠状病毒为大流行病还为时过早-但现在是时候做好准备了。

。除了南极洲以外的每个大陆都报告了冠状病毒感染病例。 现在已经有45个国家报告了确诊病例。韩国，日本，意大利和伊朗最令人担心有进一步传播病毒。

。美国疾病预防控制中心国家主任南希·梅森尼尔（Nancy Messonnier）博士说：“最终，我们感觉会看到（COVID-19）在本国社区传播，”“与其说这种情况是否会发生，还不如说这会是什么时候发生，以及本国有多少人患有严重疾病的确切问题。”

。德国卫生部长警告说，病毒正在德国开始流行。


最新COVID-19统计