Today, the Market appears set to open lower. The levels we are watching in the SPY are 118.60 and 119.70 (resistance), 118.20 and 117.20 (support).
Our best AM Idea for today, which we highlighted in our AM Meeting is to get long RCL as long as it is holding above 37.30.
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2 Comments on “SMB Morning Rundown – October 26, 2010”
Thanks–any particular reason why 37.30? I see it’s near the April highs, but not THE high.
I guess it’s 29 april bounce level.