In this video we look at a couple of key technical setups for the S&P500 that help form a view on the near term outlook. The first pattern is a bullish flag formation - in the video we look at what this pattern is, how it works, why it works, and what to watch out for. We then also look at seasonality, and how that helps in building the overall picture and shaping the directional bias. The charts and analysis featured in the latest edition of the Macro Technicals Report and the bullish conclusion stands in contrast to a previously issued piece of analysis. Interestingly, in this video the format is slightly different as a viewer made a comment in a previous video that they'd like to see bigger charts so we're trying that out. Always open to suggestions, feedback, and requests.
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