Down for SPX500USD

181
Hi traders,

Last two weeks price action of SPX500USD followed exactly my outlook. On Monday February, 10 price closed above the low of previous Friday. And after a correction down it made a new ATH last Wednesday. After that it dropped.

So I think next week we could see more downside to take the liquidity under the previous lows.

Let's see what the market does and react.

Trade idea: Wait for a correction up to finish and after that a change in orderflow to bearish to 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.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.

Don't be emotional, just trade!

Eduwave

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.