Today, the Market appears set to open virtually flat. The levels we are watching in the SPY are 110.00(sup) and 110.50(res). Above 110.50 we see upside to 110.80-111. Below 110, there is no clear support level until 109, but the Market may find support higher.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy POT if it drops out to 110.50 on the Open. First target would be 112. If it supports 112, we could see a reversal day with upside to 114-115.

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