Re: if the 7-10 rule applies to/Ronbo

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In Response To: curious-anyone know if the 7-10 rule applies to *PIC* ()

Hi Ronbo,

That looks like a "weekly Gold chart". I was not sure from your post.

The poster that was "pushing that theory" has not been around for awhile, but I don't recall any thing being said on "specific time frames" for the charts.

If it "is" the "weekly gold chart" you are looking at, it certainly meets the 7/10 rule as I recall it.

If so, then, I think it was, "look for a reversal" but "don't count on it". Wait and see. It may continue up.

That is what I recall, anyway.

Glad to hear all is going well !!!!
Keep in touch !!
Lee