Iron Ore DCE September Daily Technical Review 26/4/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract rebounded slightly, however trading volume slumped by 30%, indicating the market currently has limited motive to reverse market back to bull. Hourly MACD potentially create gold cross. Hourly slow stochastic KD rebound fast after created a gold cross in oversold area. However the …