Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 135.13 (Resistance), and 134.13 (Support).
Our best AM Idea for today, which we highlighted in our AM Meeting is to get long TSLA holding above 29.75.
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One Comment on “SMB Morning Rundown – May 31, 2011”
Early action around $29.75 looked as ugly as some of Tesla’s cars. $29.80 may be holding now though (according to my 15 minute delayed charts here at work).