SMB Morning Rundown – April 19, 2011

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 131.00(resistance), 130.80 (inflection), and 130.30 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get short BTU at 62.50 for a possible downside to 60.50.

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