Confirmation would be a big gap up and over the 62% Fib line with some FA news but then that would be too late!..I always try to leave it as late as possible..8-9 ducks out of 10 sort of thing....anyway in order to breakout of a down trend (ie get above the 62% line) we need double the short term momentum, in this case that's daily and weekly momentum, we need both of these to be in up trend..its taken a very long time since this last happened but we have that now and this 2nd series of higher lows (HL) pushing into the 62% line look like they're ready to have a serious crack at it again...all this TA lines up with a potentially exciting announcement soon..see how we go..
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