60,000t on the 1 year and 0t on the 5 year are now in sight.
Price-wise if we hold this strong rise in the zinc price tonight and then back it up with a solid price performance next week we may have gone some way to turning the bearish look of the chart.
Providing previous zinc fundamental assertions hold and the Chinese dont start dumping Shanghai material into the LME there must be only one way for zinc to go in the next week.But then Ive probably just put the hoodoo on it and we'll get confirmatin of a head and shoulders and this was just a dead cat bounce in the zinc price.
d.
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