Nickel ... slide or soar...???, page-123

NP hitting 4.11, triple spike attack at 4.09 in last few hours broke the 4.10 level yet again
4.10 is crucial as its the 7 time stop point for the last 5 months since 1 December.

4.10 is what all TA experts are now watching.

same trend yet again, drop in asian trade and spike in overnight trade

http://www.*****net.com/charts/metals/base/t24_nk180x150.gif

IOP also spiking again to US$62T up 3% also.
OilP up 1.5% WTI cracking 40 yet again
NatGasP up 3%
ZiP up 1% also

This looks nothing like a commodity bust cycle to me
Looks like a rebounding cycle, multiple spike ups in commodities

If NP can clear 4.10-4.20 and stay above for a few weeks then it may create a new floor at 4.10 and then head sharply to 4.50 as the shorts have lost the battle.

China as a nonproducer but a global buyer will be stuffed in a sellers bull market, the buyers bear market looks over. The commodity bust cycle looks finished.
Look at the CRB & BCI-
2016 is a net increase +4% so far, the first time in 5 years!