S&P 500 Index
Short

Another drop for SPX500USD

352
Hi traders,

Last week SPX500USD broke the low of the previous week just as I've said in my outlook. After that it went up again. This pair is still in a bigger correction down.

So next week it could drop again into the direction of the bullish Weekly FVG.

Let's see what the market does and react.

Trade idea: Wait for a small correction up on a lower timeframe to trade short term shorts to the previous Weekly lows.

If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.

Don't be emotional, just trade your plan!

Eduwave

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