Indice S&P 500
Short

Big correction down for SPX500USD

226
Hi traders,

Last week SPX500USD went a little more up to finish wave 5 just like I've said in my outlook. After that it dropped.

So now we could see a big correction down. Next week we could see a correction up and after that another drop.

Trade idea: Wait for the correction up and a change in orderflow to bearish on a lower timeframe to trade shorts.

If you want to learn more about wave 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 signals.

Don't be emotional, just trade!

Eduwave

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