Iron Ore DCE Sep24 Daily Technical Review 25/04/24

Verdict- Neutral to Bearish.

DCE Sep24 potentially see reversal. Hourly MACD created dead cross. Hourly slow stochastic KD created dead cross in overbought area. Hourly CCI corrected from bullish territory to neutral area. The previous long positions taking gains.

First support 846.5. First resistance 895.5.