One more wave down for SPX500USD

Hi traders,

SPX500USD went straight into the target last week. From there it rejected and made a bigger correction (orange) wave X (updated wavecount).

Next week we could see the last impulse wave down to finish the bigger (red) WXY correction.

Let's see what the market does and react.

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

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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