$SPY Where Are We Headed Into Weeks End – CHART

The drop this week was quick, but we will recover. I like to be a buyer of this pull back in beaten down names, namely $GOOG. I think the gap lower at $166 will be filled and $SPY calls will also work.

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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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