S&P 500 Index
Short

One more move down for S&P500

1 603
Hi traders,

Last week SPX500USD made a correction up which could be wave B of a big correction down into the bullish Monthly FVG.

So next week we could see another move down to continue the bigger correction.

Let's see what the market does and react.

Trade idea: Wait for a change in orderflow to bearish on a lower timeframe, to trade shorts.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.

Manage your emotions, trade your edge!

Eduwave

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