Category archives: News

Iron Ore DCE September Daily Technical Review 10/05/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract corrected as expected. Iron ore tested resistance of 783.0, however rejected. Hourly slow stochastic KD created gold cross in oversold area, however the KD has yet left oversold area. Hourly MACD narrowed below 0 axis. Hourly CCI created bullish divergence with price. Technical …

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A Room with a Technical View 09/05/22

Capesize June Futures – We noted last week that although technically bullish the futures were trading with a USD 15,446 carry, meaning that we needed to see positive numbers from the index, otherwise the upside moves would be unsustainable. For this reason, although technically bullish the futures were not considered to be a technical buy. …

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