Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 130, 129.45, 129.15 (Support) and 128.50 128.10ish and 127.60 (Resistance)
Our best AM Idea for today, which we highlighted in our AM Meeting is to get short AKAM holding below 29.83.
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2 Comments on “SMB Morning Rundown – June 10, 2011”
isnt this backwards? you are saying support is a higher price than resistance?
sharon,
good catch. sometimes the interns aren’t careful before they post something on the blog.
steve