Another move down for SPX500USD?

Hi traders,

SPX500USD made a bigger orange X-wave last week into the Daily FVG.

So next week we could see the start of the last impulse wave down to finish the bigger (red) WXY correction. But it first has to close below the Daily FVG.

Let's see what the market does and react.

Trade idea: Wait for a change in orderflow to bearish, a small impulse wave down and a small correction up on a lower timeframe to trade shorts.

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