Today, the Market appears set to open higher. The levels we are watching in the SPY are 120.60(res) and 118.50(sup). Above 120.60, the next resistance level is 121.50. Below 118.50, the next support levels are 118.15 and 117.50

Our best AM Idea for today, which we highlighted in our AM Meeting is to short POZN between 12.40 – 12.60. Target: 11.30.

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