Today, the Market appears set to open lower. The levels we are watching in the S&P Futures are 1127 (resistance), and 1112 and 1104 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get long RIG if it holds above 55 and a bonus idea is to short RIMM if it holds below 53. Look to play the intraday trend.

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