1/ This is the second lowest we have seen the wavetrend for the last year. Currently it sits just above the clear buy zone and crossing up. The last three crosses under 0 on the oscillator have lead to strong moves.
2/ There is large developing on the visible on 4 hour, daily, weekly, monthly.
3/ The bottom of the cloud has held every time over the last year and is currently acting as support. If we get closes below the cloud, I would beware..