Weekly data and thoughts..Please not that all my views are for...

Weekly data and thoughts.
.
Please not that all my views are for short-term only, and I could be wrong, so please dyor.
.
..
.
Lithium Sector Overview -
.
From a weekly perspective, AGY dropped from 2.3 to 2.2. did a new 52 week low of 2.1. Li sector is still not convincing. AGY one of the worst performers, unfortunately, from around 80+ to 2.1, around 98% of the value. Its brutal. I hope no one is holding from there. Unfortunately, no signs yet that sector is ready for reversal. So most long termers, another wait.
.
.
Major price action indicators are mixed -

• ALB - had a small gain of 3%, moved from 75.23 to 77.56
• Ganfeng - Loss of around 6% for the week, a somewhat big loss - Tianqi too lost around 4%
• PLS/LTR - Both gained around 2%, similar range to ALB
• Spot Price - Down slightly for the week, I think around 0.7%

.
So what do these numbers say? Last week I wrote I felt the sector is reaching another indecisive state. This week I still feel the same. Last week I wrote - "Most US and ASX Li stocks are much closer towards their 52 week lows. So best play still, as I have been writing last few weeks, is Chinese Li stocks to take the lead, US/ASX Li stocks to do a catch-up". There was a strong intent. PLS reached around 206, LTR around 76. But the move could not be sustained. PLS is back at 185, LTR at 66. So we need another attempt. Chinese had to keep towing along and US/ASX to catch up. ASX/US moving up slightly, but Chinese Li now coming down - something didn't want to see. They have been strongest. So if they show any weakness, the path to reversal may not get easy. So we wait.
.
So what may happen next week? On Friday, US Li stocks had a mixed day, no clear direction, some Li positive, some negative, small percentages. General markets were also nearly flat except Nasdaq. So a tentative start on Monday, and then wait for Chinese stocks to provide direction.
.
.
Here is the Figures for the Week:.
.
.