SMB Setup for the Close for December 8, 2009

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Today, the Market has been range bound for much of the day. Into the Close we are looking at 109.90 for resistance and 109.55 for support. Above 109.90 we could see a move up to 110.30-110.50. Holding below SPY 109.50, we could see a move down to 109. Our best idea into the Close is to watch KR around 20.00. … Read More