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Monthly archives: December 2023
Fuel Oil Daily Morning Report 18/12/23
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Supramax Jan 24 Morning Technical Comment – 240 Min 18/12/23
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Panamax Jan 24 Morning Technical Comment – 240 Min
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Capesize Jan 24 Morning Technical Comment – 240 Min (outright) 18/12/23
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Iron Ore Offshore Jan 24 Morning Technical Comment – 240 Min Chart 18/12/23
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Brent Feb 24 Morning Technical Comment – 240 Min 18/12/23
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Base Morning Technical Report 18/12/23
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Iron Ore DCE May24 Daily Technical Review 18/12/23
Verdict- Neutral. DCE May24 contract tested low during the day and recovered most of losses. The verdict changed from bearish to neutral as the technical signals were indicating an exhaustion. Hourly slow stochastic KD created gold cross above oversold area. Hourly CCI entered neutral area. Hourly MACD narrowed in bearish area. First support 915.0. First …
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Daily Virtual Steel Mill Report 18/12/23
Verdict: • Short-run Neutral. Macro: • The New York Federal governor John Williams said: “We are not really talking about cutting interest rates right now.” He said of the issue of interest rate cuts: “I just think it is too early to think about it.” U.S. interest rate futures responded with a sudden drop …