Weekly Market Report: 5/9/14

WMR 5-9-14

The market is having a hard time moving over a well-established resistance area. The other thing I am seeing is a drop in volume. This normally occurs when the buyers start losing interest in higher prices. I would suggest that you keep your stops in place and focus on building your cash position. This is the best thing you can do right now in order to protect your positions.

No comments yet.

Leave a Reply