This is in the position account off short cover.... not day trade account... so may very well be a 2 -3 day hold time.
For right now, we need to move back above 2588 and we'll have a shot at legs. Staying long. This thing will go to the moon soon.
--and a move and hold above 2615 in the next couple of hours will seal the deal in favor of longs. Weak longs should be by and large out by now. ---I am not a weak long---
Going lower - if not already today, then later. Norway is officially shutting down. Schools. Restaurants. Fitness centers. Hairdressers. Everyone who just came home to the country is in quarantine. And so on. Pretty serious.
Situation is getting close to that in most European countries it seems. Next couple of days more and more will follow Italy's policies. And I guess there is a fair chance it's only a matter of time before US will do the same. Once the virus is 'wild' in a country the government has to choose between the economy and protecting the older and/or weaker. Without measures hospitals can't cope with the peak and mortality rates go up.
Headlines are overwhelming any attempt at capitulation. Looking for the next circuit breaker to come into play today.