We posted the current charts yesterday here... Monday's Trackdown Late last night the futures were down on Coronavirus news and how fast it is spreading in China. Also throw in a Moody's downgrade of Hong Kong debt. BUT... if you read our caution messages the last week or so, we are due for some kind of pause/pullback. The Stochastics are overbought and we have come a long way and need a break. This is best illustrated on our 9-month chart Monday (seen below). We are well over the upper trend-line and as we have stated many times we either drift sideways or pullback to get back into the channel. BUT... we still view the market will stay a bull market after any such pause or pullback. We may just need to correct a bit. $DIA $SPY $QQQ $IWM Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers.