Following is long term historical chart I can only really bestguessestimate on history repeating but this is how I would guess it. The 3 recent bounces off current support to me are a pre cursor that the long term trend channel is now back in play. (hence the recent posts)
first 2 Pink diagonal lines are main trend angles from history. The last one yet to be confirmed is a copy and drag (estimate) the white line is DEC and the pink hoz line is the point of intersect so My bet guessestimate would be $26,888.30c/ton.....give or take a few cents....of course.
hope this answers your Q. but all IMHBGEO (In My Humble Best Guessestimate Opinion)
