Down for S&P500

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Down for S&P500US SPX 500OANDA:SPX500USDEduwaveTradingHi traders, Last week S&P500 made a correction up and another drop with a close below the red dotted line. Now we could see a much bigger decline for the last leg down of a bigger (red) wave 4 correction. Let's see what the market does and react. Trade idea: Wait for a correction up and a bearish change in orderflow on a lower timeframe to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Manage your emotions, trade your edge! Eduwave