It is not an exact Science. Many Technical analis
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It is not an exact Science. Many Technical analists and Chartists firmly believe in its application. Look at the Definition of what it is and then take a look at that article again.
What I was pointing out is previous Market Pull Backs of 10 to 15% have occured within a timeframe of multiple "HO'S" coupled with a Full Moon.
There was a study performed that was pretty accurate with that Model and Significant >10% Pullbacks.
It really says Be on your toes....I got out and am waiting to see what happens. I think we will return and retest the March 2009 Low.
Regards
Sunny:>