Zinc has my interest again, but as above, I have taken a small pilot in IBG at 2.8c so it keeps me interested in commodity.
I am now monitoring the US.1.18/ 1.20lb mark for which way it goes.
IBG looks to have double bottomed on 2.4c...good, but need Zinc price to start to turn off 1.20....
To me, Zinc looks to have BASED last half 2018, even though warehouse levels (20 yr chart) of both Zinc and Lead are dropping like a stone. = Inflection points.
LEAD usually associated with Zinc, but I watch Zinc first as much more widely used with Lead as a bonus product/$
Next I'd refresh my Zinc watch list and EVs etc
Short Term Trading Weekend Lounge: 15-17 Feb, page-43
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