Here's a chart.
Once again, even though there has been suffering over the past 15mths, there is an indicator that seems to be quite reliable here to flag a turnaround of sorts.
The Relative Strength Index (RSI) is now at 30, a low number that, the past 8 times it has been breached, has been the TA trigger a change to buy.
So, the TA brigade will be watching this number closely, looking for another technical change in sentiment.
(Oh, and there might be another 16% odd out there equally as interested 
)
View attachment 1490709
The disconnect between LIT and GXY also might suggest there is a gap that has widened too far.
GLA.
