SPQ chart, page-2644

I'm seeing some positive price movement from SPQ at the moment.
Strong break of trendline, (highest buy volume day in exactly 2 months). Divergence shows its strength in spotting fast momentum moves before they happen. (Divergences are marked)

Re-test of the depicted trend line (and filling of the created gap from the break above the trendline) is a healthy indication of a trend continuation, assuming this is a higher low within the future trend.

I hate trying to pick bottoms with SPQ, (which partially led to my stop-loss exit, half what I'm quite regretful of, but must not let emotion get the jump over my trading.) But over the last 3~ weeks, price action has behaved in a rather "reversitory" (I made that word up) manner, indications of such include the price action divergences visible with my markings. These depict a change in momentum, as the RSI is a momentum indicator.

A green day tomorrow, even 3%, could be a nice indication that we aren't continuing the current downtrend.

I'm glad to see the true holders are still keeping strong, hope all are well.

Edit - If any of you keen eyes can spot a price divergence from the 11th of July, to the current low, this is also a massive green flag.