Also... classic spoofing. The sponge buyer keeps dropping orders...

Also... classic spoofing. The sponge buyer keeps dropping orders every tic to fill the sellside from exactly 7am every morning. Been doing it since the original dump below 26

25k lots as below



50k lots to fill any gaps (eg. 26 October below):



25k lots since Nomura has been bailing out at 26c with there ~1m parcel



... small sell this morning fell like another effort to draw out any weak hands on open (maybe).

Ascending triangle forming. Pretty clear from a technical standpoint.... watch the sellside disappear if it breaks 26c, otherwise tight stop 20c

Obviously plenty other factors, particularly underlying commodity prices so goes without saying all IMO and DYOR

R