SMB Morning Rundown – August 18, 2010

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Today, the Market appears set to open slightly higher. The levels we are watching in the S&P Futures are 1098.50 and 1100 (resistance), and 1084-1086 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to look for a breakout failure in MOS at yesterday’s high of 56.65.

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