S&P 500 Index
Short

Bigger correction for SPX500USD

389
Hi traders,

Last week my analysis of SPX500USD was right again.

After the finish of wave 5, we saw the start of the bigger correction down.

So for next week we could see more downside for this pair after a (small) correction up into the Daily FVG lower.

Trade idea: Wait for a correction up on a lower timeframe and trade (short term) shorts.

If you want to see more from my 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 trade signals.

Don't be emotional, just trade!

Eduwave

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