Monday Morning Charts

The S&P500 continues to make lower highs since the start of December.

Nasdaq support held at previous crash trigger point of August.  This will be the line in the sand to watch going forward.

Also we need to watch some key support for NASDAQ and $AAPL.

$AAPL has been putting in a head and shoulders for many moons, but has yet to break with any real vigor.


also watch the small caps into 2016.  It's current failure to break back over $120 and subsequent pull back is worrisome going forward.

The opening bell is about to ring. I'll have more as the day progresses as well as the 2016 predictions.

Known 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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