Market Lab Report – Premarket Pulse 5/6/15

By | May 6, 2015

Scalper1 News

Major averages fell yesterday on higher volume. The S&P 500 closed roughly at its 50-day moving average while the NASDAQ and DJIA closed below their respective 50-day lines. Leaders attempted a bounce which was generally shut down in yesterday’s trade. Another leg down before the market finds a floor is very possible. Caution is warranted. Keep stops tight and take profits where you have them.Scalper1 News

Scalper1 News