Bargain hunters stepped into the market after the previous day’s sharp selloff. Advancing stocks topped the 2000 mark and options traders were eager to buy calls to play the rebound. The fear of a rapid spreading of the coronavirus was put aside but may come back on the front scene over the next few days as investors evaluate the economic impact on the economy. We are of the opinion that after the swift upmove of the last three months, the market may enter into a period of up and down moves with a pick up of the volatility.