RAC - Charts & Price Action, page-10888

I would expect sentiment to be somewhat bearish at the conclusion of a correction. So current vibe on these threads fits nicely with the chart.

Both price and time are at a nice junction for a major low, being 38.2% price retracement and 61.8% time retracement.

On the daily chart, we are yet to see a new low on the RSI, so there is bullish momentum divergence in place, but we will need to see a reversal ASAP for this to hold.

For me, I want so see a close back above $2.92 to suggest a low is in place. Longer-term, would need to see a weekly close back above the $3.06 - $3.14 range to be out of the woods.