I recently expressed that Cindicator had a potential bottom in but we would need to see how action progresses. While a larger scale bottom is still not a given, the price action so far has raise the probability that it may.
I'm counting the initial move as 5 waves up, thought there are some questions that it contains symmetry and so may prove to corrective. However, it then held the .618 retrace nearly, nearly to the .001, as shown with the spike to ii in at the top of the blue box. Then we progressed to the .618 extensions for circle 1. While I have doubts given the state of many large caps, I'll give this setup further interest as long as the local support region is held for circle-2 at 2 cents. Targets are shown above.
Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You'll rub nose with, professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.