I’m not sure we’re seeing a turnaround just yet. The Ma rainbow 13/8/4 has barely begun . The ema 4 is just starting to turn, at the 3.50 area, and it’s still early to see an upwave developing. The gap overhead looks like 4.50 to 5.00 area. Right now, resistance at 3.75 hasn’t been tested yet. Then 4 dollars. All we have so far is a low hitting 3 dollars and something made this jump 70 cents today into the resistance. This whole picture looks still half developed to me.
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