I believe that the market has reached it's objective of retesting the swing point from yesterday and/or retracing to the primary 12.5% retracement. It is my belief that we will be reaching new highs now on the market based on "Klatch's Price Theory." I ask everyone to remember that "The Market is not Random." Happy trading.
Which market are you referring to? I can't see from the chart. So I take it you do not believe in the Random Walk Theory?