Today, the Market sold off for most of the day after a strong drive on the Open. In the afternoon, the Market touched the Opening lows and had a modest bounce. Into the Close we don’t expect a big move, but if the SPY hold above 111.10, we could see a move to 111.35-111.50. If the SPY take out the 110.70 lows, the next major support level is 110.00.

Our best idea into the Close is SEED. Today, it has been one of the strongest stocks in the Market. If it holds above 10.15, we could see another squeeze higher.

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