Today's chart & trading, page-484

TA is interesting but the future SP will be determined by this chart allot more https://price.metal.com/Rare-Earth . Nd is down again 3.5RMB to 316.5. Yes this is a small change of < 1%. But it has only gone down in last month. Pr has also has shown a downward trend currently 410 RMB. Just my opinion but with NdPr close to break even point REE prices will control Lynas SP more than crowd opinion which is what TA is all about. End of June ND was 340.0 PR 425.0.

Pick your point for break even, AUS is low at 270 RMB ( I think, Aus pls correct if needed). I am High at 330. Data is fuzzy and changing with NEXT. I am unwilling to say either is right or wrong. NEXT will lower the number. AR will give more data to tune numbers. I expect my number will go down with AR. And down again with Q1 cash flow report.

For last 3 years NdPr has set a yearly high in August - September. Yearly Low in November. If it breaks this trend it will cause confusion. Even AL said in CC she expect prices to go up. If it falls 3 % to 5% between now and December with no major up tick I suspect that Lynas SP will be below $2.00. Time will tell, we will have to watch. I have no idea where prices go from here. They go up SP will go up as well.