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With Literal Blood in the Streets, Few are Buying 3/7/22

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18 minutes ago, Jimi said:

"...this trendline."

LOLOL

Well,

 

there's only one where it's sitting.

Right? 

Are you saying that it's because there's a trendline for every price? 

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7 minutes ago, DrStool said:

Well,

 

there's only one where it's sitting.

Right? 

Are you saying that it's because there's a trendline for every price? 

I just like teasing.

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Overnight downdraft.

Bloomberg just had a chart of nickel on-screen with a big spike in recent days; and then reported that some exchange is suspending the delivery-requirement (presumably on nickel futures). Wasn't aware how massively nickel has spiked.

https://wolfstreet.com/2022/03/07/now-nickel-goes-bananas-spikes-73-in-one-day-on-russia-sanctions-shipping-chaos-massive-short-squeeze/

Rivets are popping off.

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Now Bloomberg representing that, "LME Allows Deferral of Metal Delivery."

Wonder if that's across the futures complex, and not just limited to nickel.

Wow.

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