Todays Insight...the world is coming to an end (again)...

So once again the world is coming to an end...just like it did last August and then again in January.  Remember that?  But if you look at this chart, you can see that the S&P 500 is right where it was exactly one month ago.  2,040 was a support level in April and May it's currently trading at 2,045.  Clearly this is an important level to watch on todays close and next week.