Iron Ore DCE January Daily Technical Review 28/09/22

Verdict – Short-term neutral.   DCE iron ore January contract corrected and the trend stepped back to a consolidation range from 700.0- 728.5. The trading volume became narrower over the past three days. Thus market entered a watch-and-see mode. Hourly CCI approached bearish territory. Hourly MACD became flat. Short-run neutral.   The first support is …