Looking at the 2HR Chart EWO hit a new low (draw the line). CCI(10) however, got a trigger line cross as did the FastSTO.  I’d look for an abc to form on the FastSTO (e.g., up then back down for a trigger line cross). By then the RSI(5) should cross. As always wait for SlowSTO to turn up, you may lose a few pennies but it guarantees no further downside. I see this chart moving up starting tomorrow for about 3-4 days. Then down she goes for one more low at least. Need to see price divergence on EWO.  If the EWO goes lower below the line I just drew then you can expect even more downside….

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