Verdict- Neutral to Bullish. DCE Jan24 contract rebounded as expected. Hourly slow stochastic reached overbought area. Hourly CCI reached bullish territory. Hourly MACD widened in bullish territory. First support 840.0. First resistance 881.5.
Monthly archives: October 2023
Daily Virtual Steel Mill Report 16/10/23
Verdict: • Short-run Neutral. Macro: • China credit growth held steady in September with rapid government bond issuance to fund infrastructure sector, while strong mortgage lending statistics offsetting the decreasing new bank loans. M2 increased 10.3% in September on the year, last 10.6%, est. 10.6%. Iron Ore Key Indicators: • Platts62 $118.45, +0.25, …
Base Morning Technical Report 16/10/23
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FIS Fertilizer Market Report 13/10/23
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Aluminum Premium Report 13/10/23
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European Close 13/10/23
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London Iron Ore Market Report 13/10/23
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Fuel Oil Daily Evening Report 13/10/23
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Supramax & Handysize FFA Daily Report 13/10/23
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Capesize & Panamax FFA Daily Report 13/10/23
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