Showing signs of life again, the buyers seem to be a bit more...

Showing signs of life again, the buyers seem to be a bit more interested and it is looking harder for "the seller" to pip it lower on this increased demand. Hopefully we start to see it turn around.

As I have implied before, I am waiting for a higher low structure to unfold as shown below. There have been divergences for quite a while now and the weekly MACD has crossed above the signal line, it still has quite a while to go before it gets close to the zero line, but this is a start. The momentum should really kick in once it gets above that zero line, until then (months maybe) we can hope to put in higher highs and higher lows to build a solid base.

The short term ema's have also crossed, hasn't happened for quite a while.