2019 Charts, page-13

Thanks Seagull. Always a great little read, dare I say almost objective !!!

I guess one has to make one’s own mind up as to who the MMs are, and I suppose ultimately does it really matter. 

Surely we we don’t want to see yet another spike up and then a cycle down as per the last 2 on the weekly.

With volumes weak, hopefully most of the smaller trader manipulation has ceased, well gone elsewhere ftm, and those resistance break volumes won’t be too hard to get thru. Unfortunately fully cognoscent of the fact that they will be back, just like Arny does on the telly every few months !!!

Gotta say I’m now hoping for a STRUCTURALLY STRONG GRADUAL building chart that won’t have the weaknesses we have seen in the last year or so. But then who knows where this might go if Li sentiment suddenly changes and these guys do sign up with a big Li BGLCE consumer.

Must say that Li index has me stumped and a little worried. Wouldve thought we’d see a turn by now but still in what seems a solid down trend. Hoping there not a fundamental reason behind this and with the long term EV/storage industry tooled up for mostly Li it would be a little foolish to not think this won’t turn at some stage. 

Any thought on that index, technical or otherwise ?

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