Following the end of the 5 year resources corrective cycle II the Primary wave  has retraced the correction by 50% in just under 2.5 years.
With such ambiguity of pattern a lesser order of waves could more likely see a bear trend correction for .
With similar ambiguity the wave  has bounced from the 50% retrace of wave 
The daily chart is seen to provide some prospective divergence pointers but is otherwise appearing only conducive towards ponderous ambivalence.
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