I had a look at your post @jeebumba, seems pretty good to me, if it is unclear what waves it is currently in I try to map out a few scenarios.
On a monthly chart it looks like it is in a 2nd wave, mainly because it has just about retraced to the 61.8 major fib level.
The monthly volumes and MACD's certainly look to have peaked here. I'd be watching for the larger correction pattern. It has seen 5 waves down so we should be looking for a counter trend rally here somewhere.
In saying that though, it could just be a deep 4th wave with a 5th wave on the monthly coming up. I will be adding this to my watchlist to see how it plays out!
Monthly;
Monthly alternate;
Daily;
