LME Nickel up, WSA down seems to be the trend over the last few weeks with shorts continuing to increase daily.
Maybe we'll see some positive movement today with the decent bounce last night, maybe someone is waiting until the new FY to let this one move up. Last time LME nickel spot was at this level WSA was ranging at about 2.30 to 2.50
More at play here, but good to see IGO shorts mostly closed back to below 1%
WSA Price at posting:
$1.98 Sentiment: Hold Disclosure: Held
