S&P500 IN BULLISH WEDGE TO RETEST H4 BULLISH ORDER CANDLE!

After the short term bullish rally above 4180, S&P500 then fell into corrective mode forming H4 bullish wedge in the process. Will this correction stays this simple "WXY" or develop into a more complex outlook in the future? For now, price is likely to retest the bullish order candle & if this is found to be strong enough, then the simple structure stands else, we might see the index decline further 39K as projected in our post of 23/01/23 shown below...


N.B!
- S&P500 price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

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