Today, the Market appears set to open higher. The levels we are watching in the SPY are 109.40(res) and 107.30(sup). Below 107.30, the next support level is 105.64. Above 109.40, the next resistance level is 112.20.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy the SPY above 109.50.

Don’t forget to follow us on Twitter.