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Could go up today:Got three ranges for today:If down: 1382 -...

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    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.


    https://hotcopper.com.au/data/attachments/5496/5496811-382a9d2a1d3a1a9679e330686b268100.jpg
 
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