More upside after correction for SPX500USD

Hi traders,

Last week SPX500USD went a little more up (diagonal) just as I've said in my outlook.

Next week we could see the start of a bigger correction down (grey wave 4) and a break of the dotted trendline. Or the diagonal is a leading diagonal wave 1 and grey wave 3 extends more.

Let's see what the market does and react.

Trade idea: Wait to see if price breaks the dotted trend line (for shorts) or not (for longs).

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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