2026-01-07 18:20:59

The nickel rally is starting to peter out. Inventories are climbing, and the market's stuck in a surplus situation—not exactly the backdrop for continued gains. Meanwhile, copper's been on a wild ride to record highs, but here's the catch: profit-takers are stepping in, and positions have gotten stretched pretty thin. The kind of stretched that usually precedes a pullback.

These moves matter for the broader market. When commodities correct after that kind of run, it ripples through risk sentiment. Keep an eye on how this plays out—inventory dynamics and positioning imbalances don't resolve overnight.

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ExpectationFarmer

· 01-10 09:57

The nickel downtrend has emerged, and the script of copper's high-level correction is about to unfold.

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PaperHandsCriminal

· 01-10 08:16

Here we go again, nickel is cooling off, copper is pulling back, I just want to ask who else can go up?

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quiet_lurker

· 01-09 18:25

Nickel ore is starting to lose momentum again; the piling up of inventories doesn't look good.

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LiquidityWitch

· 01-07 18:47

Nickel is going to fall; this wave of the market is about to peak.

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MetaverseHobo

· 01-07 18:40

Nickel is cooling off; with such a large stockpile, how can it rise?

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GateUser-cff9c776

· 01-07 18:39

Nickel's recent market movement is a complete Schrödinger's bull market—stockpiles piling up, oversupply, copper prices hitting new highs but clearly being bought by trapped retail investors... This is a classic example of a bubble period artwork. --- The supply and demand curve is right here; the fundamentals can't support this surge at all. The prelude to a decline is already playing a symphony. --- Honestly, in dark humor, this kind of trend in commodities is like the final clearance sale of this cycle. Smart people have already run. --- Looking at the position tug-of-war like this, I have to say, this is a perfect illustration of bear market philosophy. --- Stockpiles are increasing, prices are dropping... According to traditional economic models, this scene simply can't be scripted, haha.

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GreenCandleCollector

· 01-07 18:35

Nickel is cooling down, with inventory piling up—who can handle this...

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LiquidityWizard

· 01-07 18:35

nah actually the real tell here is the positioning asymmetry—statistically speaking we're looking at like 70% probability of mean reversion given historical volatility patterns... copper's stretched thin but nickel? that's just inventory normalization, fundamentally different beast

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