The WallStreet has seen one of the worst Mondays on 24th February 2020. Dow has fallen by more than 1000 points. It was the third-worst point drop in history. The news of spreading coronavirus COVID-19 outside China mainly in Italy is threatening to put a brake on global logistics and economies.
There are now nearly 80,000 cases of coronavirus (COVID-19) according to the latest figures by WHO. Investing communities are having many questions. Is the threat real? What will be the trading strategy now? How will the market trend now?
Those who are following Mahendra Sharma or bought his book “2020 Financial Prophecies”, they already were alerted. Mahendra Sharma has mentioned about this period in his book precisely and also in one of his articles on 18th February about Mercury Retro Creating havoc in the markets.
Mahendra Sharma has posted an unedited version of his note about the Monday blood bath and how the markets will trend in this article.