Today, the Market appears set to open dramatically lower. The levels we are watching in the SPY are 133.30, 133.50, and 133.90 (Resistance) and 132.75 to 132.70 and 132.20 to 132.00 (Support).

Our morning idea for today, which we highlighted in our AM Meeting is to get short RIG if it is holding below 61.50.

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