As always I will be updating this every day, I have uploaded the chart with the Subwaves on it and will add subwaves of Wave 5 next when I am happy that we have the first wave in. So far this has rejected at the red trend line, March production numbers were released over the weekend and they came in low and underwhelming, as we briefly spoke about at the end of last week.
Let's see how the market reacts to this information in the PM in the morning.
So What Now?
The plan remains the same, I think we can see from this chart that we are waiting for Subwave 5 to complete and this will comfortably bring us into the buy zone, a break above the red trendline and it can hold, I will add on the retest but I will be speaking to you all again before I believe this happens.