Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 106.80-107(res) and 106.50(sup). Above 107, the next resistance level is 107.40. Below 106.50, the next support levels are 106 and 105.30.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy FCX on on a pullback close to 69.30. Tgts: 70.50, 72.50.

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