cycles suggest a bottom in place

Hi guys,

Here's a chart of the cycles for IIG. In the past, the cycles has done a good job in picking the lows or temporary bottoms from which price did rebound or at least pick up shortly thereafter for better prices.



Going by the previous behaviour or trend, if there are no exceptional circumstances affecting it, the cycles do suggest we may have reached another bottom by now...and hopefully a short rebound will follow.

Let's see how it pans out.