November 29th Market Update

SPY $120.05 (updated chart) the inverted h&s is still in play as long as we stay above $118.80 area. this market sux right now, wild swings, crazy moves... the same chit we saw back in 2008. we are on the cusp of a big market crash IMO. I hate being long this market and buying calls, but even with futures down close to 1%, i still see the ramp going on for a little while longer.

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Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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