NP hitting 4.11, triple spike attack at 4.09 in last few hours...

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!