May 4, 2016 5:43pm

 

The iShares Nasdaq Biotechnology ETF (IBB) traded about 3% lower to below its 50-day moving average.

The ETF was tracking for its seventh (7th) negative day of eight (8).

 

Pre-open indications batting average: 2 hits and 4 miss

 

Do you care what happened today, you should … because it has implications to Thursday's sector activity?  

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