SMB Morning Rundown – January 28, 2010

smbcapitalTrading Ideas1 Comment

Today, the Market appears set to open higher. The levels we are watching in the SPY are 110.60(res) and 110.15.(sup). Below 110.15, the next support level is 109.80. Above 110.60, the next resistance level is 111.40.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy FCX on a pullback close to 71.50. Tgt: 73.40.

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