I got two out of four of my juniors firmly into the green. It seems we have a bottom here.

What is remarkable is that most juniors put in higher bottoms, except for ECU. Does it mean anything? Nothing, I think, if you take into consideratiion that ECU has been outperforming most others in this large retracement process. I see it as a last effort of the market makers and their allies to shake us out.

What remains a question for me is whether ECU will recover at a slower pace than the others or whether it will race back in a straight line to the ATH and break out. I guess, it will all depend on the excellent or more than excellent news we can expect from ECU before the end of the year.