So I don't think this drop had anything more to do with the coronavirus spiking. Had more to do with completing the phase from S&P down 35% in March to Positive this week for the year.
Too much too fast and the Big Players use the FED for moves and the FED said cool it.
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S&P 3000 was my guess last week that I tweeted when we drop. Trading range 3000-3250.
But in worst scenario 2950.