Look for S&P500 futures today.  The morning lows is the line in the sand.  A break brings in the Thursday lows.

also look for energy and small caps to lead the way higher.

$XLE looks to have found its footing after a nasty collapse at yesterdays open.

$IWM needs to hold over $115.

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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