SMB Morning Rundown – January 15, 2010

smbcapitalTrading Ideas1 Comment

Today, the Market appears set to open lower. The levels we are watching in the SPY are 114.20(sup) and 114.80(res). Below 114.20, the next support level is 113.60. Above 114.80, we could see upside to 115.10

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy V if it breaks above 87.50. Tgt: 89.00

Don’t forget to follow us on Twitter!

Leave a Reply