Hi FolksWe cut our trip down by a couple of days so I am back...

Hi Folks

We cut our trip down by a couple of days so I am back charting.

I posted this back on 2nd of March as a speculative look forward.



Updated chart (here's how it played out, so far and I am not surprised). Things to note in the chart.
* (d) was lower that (b) establishing a lower low (bearish), this following (c) lower than (a) a lower high.
* The 10WMA looks like it will soon cross below the 40WMA (bearish signal) same thing happened in the first week of June 2022.
* The bounce from (d) (3.35) towards (e) has begun and has so far reached 4.05. That could be the peak, but I suspect that it may have another couple of weeks to play out to find its top. We shall see?
* Finally (f) should be below (d) forming a lower low, so I have one more bounce left to play out. In my chart it forms the bottom of this 6 month correction from (a) (5.66). If I am correct then it should be onward and upwards from there.

Just the way I deal with the markets so that I am not surprised by what plays out, as always DYOR.

Cheers Lies