The latest pullback in the S&P 500 is different than the kind of pullbacks we’ve had since the middle of last March when this bull rally started.
The S&P 500 is approaching a key pivot point.
In the video below, I show you where this pivot point is and how, if broke, the S&P 500 could easily drop 100 points.
All guerilla stock traders, swing traders, and short term traders need to be aware of this key pivot point. As the saying goes, in a waning tide, all ships are lowered.
A double top has formed on the S&P 500 which means a testing of this pivot point is likely.
This is a video that traders should not miss. Please feel free to leave your comments below. Thank you and happy improved trading.
Lance Jepsen
President, GuerillaStockTrading.com
Your Trading Coach
(because everyone, even Tiger Woods, needs a coach)
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