S&P 500 Index
Short

Down for SPX500USD

349
Hi traders,

Last week SPX500USD started a correction down (wave 2).

I think we could see a continuation of the downmove next week to finish the correction.

Trade idea: Wait for a change in orderflow to bearish and a correction up on a lower timeframe to 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

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.