SMB Morning Rundown – June 8, 2010

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Today, the Market appears set to open higher. The levels we are watching in the e-mini S&P futures are 1057 (res) and 1050 (sup). Below 1050, the next support level is 1036. Above 1057, the next resistance level is 1088.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short CVS as long as it is below 31.00.

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