If I just use full monty blue sky counts.
1 hourly DJI 423.6 = 12806
SPX = 1325
The bothersome target for us is AUD/USD = 1.04 with retrace counts in the 4 hourly time frame. Not good.
However AUD/JPY hourly 81.34 so OS interest there but hard yards from here really.
Check for yourself. since 1.04 AU/USD have we struggled?
Does that help clarify our market comparison with US?
Not concerned about what level we fall to for now as that should be revealed in confirmation moves.
P. If you missed my point then answer those questions.
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