Morning Perspective

S&P 500 futures are higher to start the second to last trading day of 2017.

Price action remains narrow and quiet into the end of the year.

There is a nice set-up into 2018 for a sharp break.

Momentum remains positive across the board.




and volatility remains t historic lows.

What will it take for that next big correction to occur?

Remember the start of 2016?  It was one of the worst starts to a year in history.  In reality it ended up being just another tremendous buying opportunity for market participants.

2017 has been even better.  Absent a dramatic sell-off the next two sessions, the $SPY will be up every single month of 2017.

Can 2018 repeat this amazing feat?  Stay tuned for the 2018 OM outlook.

Have a great trading day and see you in the chat room.

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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