Hi Schueym99,
I have updated my charts but I'vew decided not to post anything just yet. The reason for that is that I don't see any strong, emerging patterns that I would be prepared to identify and comment on at this stage. There are a couple of possibilities, including an upwards break within the next four weeks to about the $7.20 level, but I would prefer to get further indications on which of these possibilities may actually play out before I post anything. I am not at all confident yet that we will be looking at anything other than a continuing pattern of large daily swings, with an overall upward bias, for a couple of weeks yet. That's excluding any announcement on rail of course, in which case anything could happen.
I'll post something after a few more days of observations, perhaps by next Friday, when I have a clearer picture and something more to say.
Regards,
Bones
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