S&P 500 Index
Short
Updated

More down for SPX500USD

200
Hi traders,

Last week SPX500USD made a correction up into the 4H FVG and after that another drop just like I've said in my outlook.

So next week we could see a bigger correction up and after that another drop.

Trade idea: Wait for the correction up to finish. After a change in orderflow to bearish and a small correction up on a lower timeframe you could trade shorts.

If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave
Note
I'm on holiday the next two weeks so no outlooks. I will be back after two weeks.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.