The S&P 500…is it THAT funny? Check Out This New Video

Some people go MUHAHAHA… all the way to the bank.

Other people go boo hoo hoo… shed crocodile tears… then post paranoid conspiracy videos about how the stock market is rigged.

Have you ever wondered, as I have, about what makes the difference between these two types of people?

What makes the difference is having a system and then exercising discipline and sticking to that system.

A system will keep irrational emotions out of your trading.

There’s no doubt about it, the markets are very difficult at times. On the other hand, you can laugh all the way to the bank if you approach the markets in a systematic way.

Which brings me to my latest video on the S&P 500.

Lots of people have been saying for many months that the S&P 500 can not go any higher because the rally is not based on fundamentals but instead on the perception that things are going to get better.

Let this be a hard lesson learned if you’ve been sitting on the sidelines and missing out on massive profits.

Perception is the most powerful element of the market. Perception trumps both fundamental and technical analysis.

So what’s going to happen to the S&P 500? Is it going to continue going higher for the rest of the year, or are we close to a turning point?

In my new short video, I show you several key areas that this market is fast approaching. These levels could be the Achilles heel for this market and potentially set the direction for the rest of the year.