Correction down for SPX500USD is almost finished

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Hi traders,

Last week SPX500USD dropped and slowly went up again.

I think next week we could see the finish of the complex correction down (wave 4) and the last leg up to finish wave 5.

Trade idea: Wait for the complex correction down to finish and after a change in orderflow to bullish and a correction down on a lower timeframe you could trade (short term) longs.

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

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