Is Wheat about to execute the 7-10 rules?

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Ok, I am looking at Wheat this morning. My system has a number of warning signs that say not to short this one, because it may turn. I don't see anything bullish enough to buy either though, so I am on the sidelines, unless a really strong bear signal appears. If so, I may jump in on the short side and get out really fast.

My question, does this qualify for the 7-10 rules? Or has it over shot them to such an extent they don't apply anymore?

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Is Wheat about to execute the 7-10 rules?

Re: Is Wheat about to execute the 7-10 rules?

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