Today, the Market appears set to open higher. The levels we are watching in the SPY are 134.00 and 134.67 (resistance) and 133.50 and 132.80 (support).
Our best AM Idea for today, which we highlighted in our AM Meeting is to actively trade SLV. The important levels to keep in mind are 47.25 and 46.60
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One Comment on “SMB Morning Rundown – April 25, 2011”
i’m looking for a little fadey-fade in SLV, here’s the best way to play it with options (IMHO)
http://www.investingwithoptions.com/2011/04/25/how-to-short-silver-without-getting-your-face-ripped-off/