Hi traders,
Last week SPX500USD started another upmove, it closed above the bearish Daily FVG and above the new (green) bullish Daily FVG.
So we could see more upside if price stays above the bullish Daily FVG.
Let’s see what the market does and react.
Trade idea: Wait for a correction down. After a change in orderflow to bullish on a lower timeframe you could trade longs.
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