The Key SP500 Price Pivot Planning Level to Trade

What’s the current major “Bull/Bear” Pivot Price for the S&P 500? On what level should we be focusing?
Let’s take a laser-like focus on this price level and plan our strategy for the rest of the week.
Here’s the simple pivot in the S&P 500:

Our key focal point is 2,033 (technically 2,030 to 2,040) for this week’s bull/bear pivot planning.
This level reflects the 61.8% “last line in the sand” Fibonacci Retracement of the August collapse and recovery.
Ultimately, what happens here determines whether we are “ignore it all” buyers (bulls) above 2,040 or cautiously bearish, anticipating another pullback from resistance.  (more)