Up or Down?

Currently, I'm trying to be neutral and wait for more information, but I would like to lean slightly bearish.

Yes the S&p500 is at all time highs, but I believe there's some tension building behind the scenes. It wont be completely obvious until March 2020.

In the event of a breakdown the .618 fibonacci will play a critical role like it did in 2002-2003 , and 2007 - 2008.

Do you agree with my analysis? Comment for comment. Like for like.