SMB Morning Rundown – December 23, 2010

smbcapitalTrading Ideas1 Comment

Today, the Market appears set to open slightly lower . The levels we are watching in the SPY are 125.84, 126.00 (resistance) and 125.20, 124.00 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get short WAG as long as it is holding below 38.80, looking for a gap fill play.

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One Comment on “SMB Morning Rundown – December 23, 2010”

  1. what the level of 125.2
    what is at this point?
    how and when it become the support-level?

    thank you.

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