MCR is totally dependent on the nickel price and despite the $A falling market sentiment always looks to the $ US price which is now tumbling like there is no tomorrow .Technically there is no support until $ US 14700 give or take a bit . Why is it falling like this ? I don't know and despite all their previous projections , Mac bank wouldn't know either - it is not called the devil's metal for no reason ! Stocks on the LME are through the roof but they are notoriously misleading . It all gets back to the " trend is your friend " and it ain't good !
MCR is totally dependent on the nickel price and despite the $A...
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