Very brief note as I am flat chat as we are going away at the end of the week but….one chart I had to mention again – BATT – the US ETF for battery stocks. It is really overbought but I think this chart is really telling us something that will develop over this year. Lithium itself has turned up. Nickel appears to have completed a base pattern and I mentioned zinc yesterday in my notes had shown a little bit of life. As well the index I created for myself in our lithium stocks has continued to improve. Not saying to rush out and buy anything connected to the battery market but this is going to be big this year. Can’t ignore a chart like BATT.
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