The Zn price does look like it's rolling over if you only look at this 60 day chart. The only thing is it must be just a shakeout because the fundamental story is so strong. Just wait for the Zn price to recover and then bust through $1.30 and you will get the SP action you are looking for. Then when the plant starts up ...
http://www.*****net.com/charts/metals/base/spot-zinc-60d-Large.gif
It's a good lesson to always look at short term charts in the context of the longer term. On a one year chart it doesn't look so bad, eh? Just getting read for the next leg higher, I'd say.
http://www.*****net.com/charts/metals/base/spot-zinc-1y-Large.gif
cheers,
Tim.
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