More doomsday forecasts for Lithium by the FIBO crew.
CNY nearly done.
Shorts holding positions expecting a wave down on the negative narrative.
SP holding in a range that it shouldn’t have with >20% short sold. How much more ammo can they find? Or are they hoping that retail capitulate, which they haven’t done so far.
Possibly about to attempt a last wave down while peak negativity is on the mainstream airwaves.
As Dale said, they are brave and this could turn very quickly.
They ain’t always correct, as LT holders know. We profited from them being incorrect previously, time will tell if retail have trumped them again.
Lithium Supply and Demand, page-158
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