hit 13.43 last 10 minutes and cover back to 12.97- 13.03 now.
WOW
a 118c move UP in 30 minutes
then a 46c down in 5 minutes
Volatility is skyrocketing.
What the heck is going on at LME Ni trading floors?
My call weeks ago of 100c-200c daily moves on LME was SPOT ON AGAIN!
This time its happened twice in the last 2 weeks.
In 1969 N1 eclipse and again 2008 N2 eclipse we saw these types of sharp fast moves in NP.
Some days it moved 300c.
Now in the N3 eclipse that we are now witnessing since April, we are seeing the same thing bar for the LME intervention/shutdowns by the CCP controlede LME management to bail out BIG SHOT.
The NP might well be at 20-50 now were it not for these LME shutdowns but they will not be able to stop the continuing SHORT SQUEEZE as all western traders will run it higher imho for easy money & in the end even the CCP/BIG SHOT will join in so as to avoid their massive SHORT losses.
POS sellers down at these 3 year lows and those who didnt take the SPP/CR are well and truly Punk'd imho.
When all you have is global buyers and no sellers whats the NP going to be?
Higher sharp & fast imho.
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $18.56M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $9.661K | 2.404M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
90 | 66568063 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 16479836 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
86 | 66062563 | 0.004 |
38 | 39232259 | 0.003 |
17 | 29250475 | 0.002 |
17 | 24100201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 16379696 | 28 |
0.006 | 28529180 | 19 |
0.007 | 37026598 | 36 |
0.008 | 7029072 | 16 |
0.009 | 4338007 | 13 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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