Friday, August 26, 2011
78.6% retraces rules
The 78.6% retrace has been ruling the recent market action as it retraces the recent swing Highs and Lows the last 3-4 times. This of course will end soon.
Today was an important day to watch for the next direction of the markets. A breakout is due.
Posted by Raj Time and Cycles at 1:05 PM