$PI At this current market level, it's obvious that major players have entered to control the market, and their cost price is roughly above 0.168. As long as 0.168 doesn't break, you won't see deeper positions, because the major players need to support the price. Right now we're at the upper edge of the major player's cost zone. The major players must ensure the price doesn't fall below their cost area. If even the dealers can't protect their cost zone, then they won't have the strength to pump the price later. Everyone should consider getting out early.
$PI At this current market level, it's obvious that major players have entered to control the market, and their cost price is roughly above 0.168. As long as 0.168 doesn't break, you won't see deeper positions, because the major players need to support the price. Right now we're at the upper edge of the major player's cost zone. The major players must ensure the price doesn't fall below their cost area. If even the dealers can't protect their cost zone, then they won't have the strength to pump the price later. Everyone should consider getting out early.