S&P 500 - Major upside reversal around the corner | The Chart Wizard
Back at October 2018 I initiated a very successful bearish campaign on the S&P 500, which lasted for 6 weeks.
All along I was focusing on the strong C-Matrix setup, which beautifully engulfs price action all across the weekly chart.
Right from the get go, I was convinced that price is trading in a wide trading range hence, is more likely to continue trading sideways on a large scale.
The remarkable pull back off the last line of resort (C-Matrix bottom key level) at $2452.50 was very impressive to say the least...
This had easily convinced me that a hugh turning point may be around the corner. After a very successful bearish campaign, I decided to flip over with a new bullish campaing.
Below you can find a 2 part video analytics on the S&P 500, presenting my decision making proccess in real time. Enjoy !
https://www.thechartwizard.com/
https://cmatrixacademy.com/