Siege Or Retreat: Where The S&P 500 Will Kill You If You’re Not Looking
It has been a 9 month march by the Bull Army into Bear territory.
After constant defeat, the Bear Army retreated to the Fibonacci 50% retracement level which is around 1120 on the S&P 500.
For 17 trading days, the Bear Army has stopped the Bull Army and its relentless advance.
But here's the real question. How can you know before everyone else if the Bulls have the Bears camp under siege, or are getting their rear ends kicked and retreating?
If you follow me on Twitter, then you already know what level you need to watch on the S&P 500 as I tweeted about it last week.
My trading buddy Adam just released a new video showing you this key level to watch this week. If this level is broken, it will be a game changer for this index.
You need to know about this level so you don't do something stupid like go long if it has broke or go short if it has not.
With the wicked trading range the S&P 500 has been in for the last 17 days as bulls and bears battle it out, you will be killed if you don't know about this level.
