Proper 40W trendline broken, heading for last confirmRecent analysis we rushed a little bit.
It took a few weeks more to have the 40W cycle downtrend line broken.
However it did not change our expectations it just made us a little bit more patient.
Now all pieces fall into their place.
We wait now for 10W cycle trendline break.
It is the last fourth of four 10W microcycles within the big 40W down trend.
Having done that we will have all the confirmation of having passed the major nest of lows - 40W along with all the shorter bands down to 10W.
This should finally remove the uncertainty off the market and the proper launch will happen.
It seems to be a matter of hours and days now. Stay tuned!
