SMB Morning Rundown – February 26, 2010

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The markets are currently set to open flat, the preliminary 4th Quarter GDP revision came in as expected at 5.9%. AIG also reported a $53/share loss this morning and should see very active trading during today’s session. Key levels to watch in the SPYs will be 110.25 and 109.40 for support. Resistance is at 111 and 111.70. Michigan Consumer Confidence @ 9:55AM and Existing Home Sales @ 10:00AM should move the markets.

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