Down for SPX500USD

5 Eki 2024

Hi traders,

Last week SPX500USD started a correction down (wave 2).

I think we could see a continuation of the downmove next week to finish the correction.

Trade idea: Wait for a change in orderflow to bearish and a correction up 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