Video Update: 'Big Picture' Look at the S&P 500

The S&P 500 had its clock cleaned on Tuesday and a feeble rally on Wednesday. 

Now I’m not end-of-the-world bearish necessarily, but I am concerned as we’re in a bear market and the trend is not working in our favor. I’m willing to be bullish if the circumstances change. 

For instance, if the SPX/ES can hold 3900 and if the SPY can hold $390, then maybe t…