Today, the Market appears set to open virtually unchanged after the ADP Employment report came in worse than consensus. The levels we are watching in the SPY today are 111.50 for resistance and 110.50 for support. If the SPY starts holding below 110.50, the next support level is 110.00. Above 111.50, we could see a move up to 113.00.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy V on a pullback to 82.00. Tgt: 83.40.

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