Market Commentary: Markets Open Flat On Low Volume, Currently Trading Sideways
April 08, 2014 at 10:59 AM EDT
Premarkets were about even, flat and directionless this morning. The negative news is that the SP500 closed below 1847 support at 1845. Should the SP500 remain below that mark today or go below 1839 we will most likely see a continuing melt-down that will exceed 10% in the ensuing days.