Morning all... Good night for the shorts.For today: I will be...

Morning all...

Good night for the shorts.

For today: I will be looking for the completion of five waves down to the 8300 level.

I suspect it will be a V shape day in equities, which may cause some confusion with the currency direction. As such, I suspect it will be a choppy day, (wave four), before a sell off to the 8300 level.

At which point; looking for an ABC retracement from 8300 to 8380ish


11:30am AUD Construction Work Done q/q
6:00pm EUR German Ifo Business Climate
10:30pm USD Core Durable Goods Orders

Hope you all have a great day.. Cheers

ps. held shorts from 8420 average.