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With the markets playing seesaw, it's been pretty well documented here we've liked SPYR, Inc. (OTCQB: SPYR) even more after the stock hit bottom late last month, and it hasn't disappointed at all. Although it's a bit of a volatile ride, traders and investors in the idea have done very well following its $.40 cent low on May 31st.

So goes the nature of penny stocks, but it also goes to show what we always say about being in the right penny stocks - buy them when nobody else is, or buy them when they've drifted down to key low levels. And sure enough, SPYR has done it again.

Even more importantly though, there's a big technical scenario setting up - something we should all pay close attention to - and also some great news this morning that further solidifies the company's entry into the multi-billion growth opportunity known as eSports.

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No definitive move for the major averages yet, even with the S&P 500 and the DOW both moving modestly lower on the day so far. But it's the NASDAQ the pros seems to be fixated on right now, and that has yet to crack following yesterday's break below a key level the guys over at Elite Opportunity Pro pointed out yesterday so eloquently.

For now, the NASDAQ could go either way, but it's important to remember yesterday's key technical break of an important level we brought to your attention. We can't see today's move lower on the S&P 500 instill much confidence either. We'll just have to see how things start to develop over the next few days.

At this point, all the S&P 500 is doing is filling a gap from Monday, so what happens over the next few days becomes increasingly more important for the bulls and the bears out there who continue to speculate on the markets' near-term flow.

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How's everyone doing so far this week? The short story from this end is stocks are literally right at another key turning point. It doesn't mean stocks are going to implode, but it does mean if the major averages can't build on yesterday's bullish strength, they could be on the verge of turning lower.

We grabbed some technical analysis from the guys over at Elite Opportunity Pro (EOP) this morning to illustrate what's going on, and what they had to say proves to those who want an edge in the markets that their service is one to not only be trusted year in and year out, but one that also helps investors identify good solid companies for future price appreciation.

Without further ado, this is what the EOP Team had to say about the current technical landscape of the major averages right now...

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Devotees of Antiques Roadshow or Pawn Stars often fantasize of stumbling across that one special item - a diamond in the rough as it were - that will transform their everyday lives and bring new enthusiasm to everything around them. It does happen - albeit rarely - but the shows wouldn't be the hits they are without the occasional big discovery to keep audiences and seekers enthralled. Such may be the case with a small mineral resources exploration company domiciled in Nova Scotia, Canada.

In 2015, Silver Spruce Resources, Inc. (OTCBB: SSEBF) (TSXV: SSE) underwent a fundamental restructuring, which included the appointment of a new President & CEO, as well changes to the Board of Directors, in order to focus attention and resources away from what was then a depressed uranium market to more lucrative mining opportunities in other base minerals.

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They did it again. The guys over at Elite Opportunity Pro (EOP) suggested their members pick up Whole Foods (WFM) back in April, and low and behold? The cult like grocery chain announced Amazon has made an offer to buy them out at $42 per share.

That's just the type of ideas they put out over there, so if you're looking to balance out a risk portfolio with bigger quality names, the Elite Opportunity Pro service is definitely worth every penny for serious investors looking to create wealth over time. It's not for everyone, but for those investors who are looking to seriously establish a quality portfolio with good quality companies, they continue to come up with excellent ideas year in and year out.

In order to really take advantage of their service though, your account has to at least be big enough to warrant the expense of $275 per quarter. However, if that's not much money to you, I think it behooves you to at least give their service a spin for at least three months. From what I understand, their retention rate is excellent, and that has got to mean something for anyone looking to consider their service.