More down for SPX500USDHi traders,
Last week SPX500USD did exactly what I've said in my outlook. After price came into the Daily BPR it rejected from there and made another drop. So did you took advantage of my knowledge? You could have made a lot of money.
Now it looks like the B-wave was a Triangle and price is now in the C-wave.
So if that's true, then next week we could see more downside for this pair.
Let's see what the market does and react.
Trade idea: Wait for a small correction up to finish and a change in orderflow to bearish, then you could trade shorts again.
If you want to see more from my analysis, please make sure to follow me, give a boost 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