S&P 500 Index
Long

Will SPX500USD break out of the consolidation?

286
Hi traders,

Last week SPX500USD made a retest in the last demand area and moved up again.
We think this pair can go much higher. So this week you can look for buys on a smaller time frame. Another possibility is that the last leg up was the last leg of a correction and that this pair will drop next week.
Watch out and only trade what you see, not what you think.

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

Don't be emotional, just trade!

Eduwave Trading

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