Could go up today:
Got three ranges for today:
If down: 1382 - 1415
If up: 1435 - 1462
US Lead Basket: 1404 - 1439 C:1418 O:1428
In theory the US close should be the Oz open, but it rarely is and I haven't worked out the pattern as to why. Range is usually pretty close except at the turns, and I have a feeling we will see that today, so I am favouring the up range over the down range. Whether that takes and continues over multiple days depends on the Li prices out of China over the next few days, I think. We are very close to my projected turning point (marked 4 on the chart - 1391), anyway, so it is about due to start climbing again.
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Could go up today:Got three ranges for today:If down: 1382 -...
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