Today, the Market appears set to open lower. The levels we are watching in the SPY are 132.20 and 132.45 (resistance) and 131.50 and 130.60 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get short RHT if it is holding below 44.80 with confirmation at 44.60. Look for a downside to 42.00 over the course of the next several days.

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