S&P 500 Index
Long

More upside for SPX500USD

202
Hi traders,

Last week SPX500USD made a small correction down (grey wave 4) and after it swept the dotted trendline it went up again. This could be the next impulse wave 5 (grey).

If this is true, then next week we could see more upside for this pair.

Let's see what the market does and react.

Trade idea: Wait for a small pullback and a change in orderflow to bullish on a lower timeframe to trade longs.

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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