SMB Morning Rundown – July 15, 2011

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Today, the Market appears set to open higher. The levels we are watching in the SPY are 131.70, 132.00-132.20, 132.70, and 133.20 (Resistance) and 130.70, 130.00, and 129.50 (Support).

Our morning idea for today, which we highlighted in our AM Meeting is to long MAT holding above 28.10 which could see a move to 29.00.

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