What is your plan ?

How are you going to get to your goal ? If you trade a short term move you give up the bigger move. If you go for the bigger move you will give up short term profits as you hold through pullbacks that never recover. There is no perfect plan. What is your plan ?

"When China sneezes, the whole world catches the flu."

 https://gisanddata.maps.arcgis.com/apps/dashboards/bda7594740fd40299423467b48e9ecf6

Not something an investor should discount. 

Economic implications are pretty clear. Lower retail sales, home construction, fuel consumption. The lunar new year increases the risks of the virus spreading but it's also a holiday for many so in some ways the industrial and supply chain impacts are muted. If it keeps spreading, prevention efforts are going to get more intense and it's going to have a more meaningful impact on growth. The responses are similar to what they were a hundred years ago during the Spanish flu. Moreover, the better the control measures (curfews/travel bans/restrictions on public gatherings/limiting public transportation), the bigger the hit to growth. There are no easy choices.

This market is very vulnerable as the indexes rallied but the number of stocks that have been participating in this rally has been narrowing. Be careful out there, consider maintaining mostly breakeven stops on profitable positions and keeping risk very tight on new commitments.

Rotation continues, bulls are gaining interest in global and small cap equities.