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More down for SPX500USD
S&P 500 Index
Short
More down for SPX500USD
By EduwaveTrading
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Jan 4
1
4
Hi traders,
Last week SPX500USD retested the 4H FVG and dropped again. After it retested the extreme candle of the A-leg, it went up again.
Next week we could see a correction up (maybe into the Daily BPR) and another drop.
Trade idea: Wait for the correction up to finish and a change in orderflow to bearish, then you could trade shorts.
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
Elliott Wave
Trend Analysis
EduwaveTrading
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