Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 109.80(res) and 109(sup). Below 109, the next support level is 108.20. Above 109.80, the next resistance level is 110.20.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short CAT on a pop close 53.75. Tgts: 52.60, 52.00.

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