SP500 4237 is Huge

Nat Gas retreat from 0.786 Fib

Alright with the round tripper move from overnight drubbing to NY buying to now sellers again, we wanted to emphasize the importance of the SP500 March Futures level of 4237 for us. Current subscribers know we are bearish and that our thesis has been well backed up by fundamentals. As far as today, this is our key and bulls must show up or risk new lows and the continued bear formation downward and yes we fully expect the SP to trade down to 3396 then 2352 given the geopolitical destruction that nobody thinks is a big deal as well as a global central bank system that is slowly being exposed.