Wednesday, March 18th, 2020 Midweek Broad Market Review

Today, we have the usual, extreme volatile trading, which looks to be here to stay for a while, courtesy of the WHO recently declared pandemic brought on by the COVID 19 virus.  Taking a look at the broad market trend with our proprietary VTrend and ATrend on respective SPY daily charts, we find nothing new on the VTrend - RED.  ATrend today rolls back over to a red state as of the close as well. 

A few interesting developments since yesterday:

Hedge Fund Manager Bill Ackman Calls for 30-Day Shut Down of Country, With Government Paying All Wages