The bears have tried too many trick plays in this position, and it’s time to take it right up the gut of the bulls defense and end this thing.

The S&P 500 is hanging on by a thread here, sitting right on trend line and price support between 1,870 and 1,880. The uptrend off the recent 1,812 low is in big time danger of breaking. That would open the door for a full retest of the recent stock market lows at the very least, and probably, something much worse.