Intermarket Analysis

SPX:
due for a correction, at least a retracement. recommended short is approximatly 1452 on the futures.

EURO:
1.3060 was the last straw for my previous count yesterday and it seems like it wants to go higher thus my previous count is wrong and the target to short now is 1.314 to 1.316 where a series of confluence lie. (I did not short eurusd yesterday as my experience suggest something was not right so i chose another pair)

GBPUSD:
still stuck in a channel on the 15min timeframe. a series of resistance suggest 1.6145 to hold. At 1630(SG Time) there will be UK news so be alert during those times. As i suspected yesterday 1 final rally is needed for the gbpusd to rise to approximately 1.6145 region before dropping.

Update1:
AUDUSD has a 5 waves move up(short timeframe) and would complete at around 1.033. there is also a channel rest and wave 4 violation to my previous count. recommended short is around 1.0330. based on fundamentals, markets is also factoring in a rate cut as the previous monetary minutes was deemed dovish. 1.0154 is an important support for AUDUSD and cannot be lost in my opinion.

Update2:
shorted spx mini futures at 1450(1 pt is 50 USD). i will most probably close this position when it dips lower than the day low at 1446.25 unless things really sour. Do take note that although I have a few trade plans i am going to stick with just 2. check out my Trading Record for a list of the updated positions.