Today, the Market appears set to open lower. The levels we are watching in the SPY are 118.90(res) and 118.50(sup). Above 118.90, the next resistance level is 119.25. Below 118.50, the next support level is 118.10.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short MON on a pop into 68.50 – 69.00 area. Tgt: 67.00.

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