the downtrend from the 37c high is still in place even if it...

the downtrend from the 37c high is still in place even if it closes at 12c - but there is every indication the bottom is in and the trend is changing - Legendary chartist Bill McLaren used to say a typical counter trend rally only lasts 3 to 5 days lets not use the DCB acronym so lets see how many days it can go putting in higher highs and higher lows - I would think it starts to look very encouranging when it can get above second resistance at 14c

someone posted earlier they though the last bounce from 8.5c to 11.5c was a DCB and this is a fundamental change - I would agree with that thinking