Primary Bull Market Windows
After perfectly calling this recent market high, I was looking through some old emails, which is when I came across my March 6, 2009 market call. This was the terminal low of the “Great Recession,” and using Klatch’s Price theory, this low indicated that new all-time highs were the new market Price Objective. Further, using Time and Price Symmetry (mostly Price Structure at that point in my trading career), I was able to call that low by 5 minutes after the fact. Now, 5 years later, I was able to call a high two weeks in advance… talk about the evolution of market understanding.
The below video is a testament (time stamped) to my proof of this call.
Today has the potential to be a truly memorable market day. As I predicted on July 2nd via this blog, the market has two open July Time Windows (1-3 and 15/16). Today, the market failed to take out a new high, and then, it proceeded to have a deep 87.5% retracement. Now, it has proceeded to move lower in after hours session. We finally have a true indication of a technical market top via Time and Price Symmetry. Therefore, I decided to do my first YouTube video in over three years.