Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 110.70 for support and 111.60 for resistance. If we start holding above 111.60, we could see SPY 112+. If we start holding below 110.70, the next major support level is SPY 110.00.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy MDT into a pullback close to 42.10 with an upside target of 43.50-44.00.

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