There are lots of mixed signals, i guess China's PMI of 50.2 indicates the commodity price uptick was not all speculation.
My guess is that prices will consolidate, and that it will give people confidence that the worst is over.
So i expect the next big move will be up, but after the big spike in the previous years perhaps we will have to endure a big sleep first, maybe it will go sideways for the rest of the year....
Recent rally COULD be a hot air!!!!, page-35
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Last
$2.97 |
Change
-0.010(0.34%) |
Mkt cap ! $13.45B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.00 | $2.91 | $41.99M | 14.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 288675 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 2678 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |