A Room with a Technical View 21/11/22

Capesize Dec Futures – The trend remains bearish, having traded down to the 100% projection level at USD 8,500 (low USD 8,525). We remain below all key moving averages supported by the RSI below 50; however, the RSI is now in divergence with price, warning that we have the potential to see a momentum slow …

Freight and Commodity Podcast 16/11/22

An overview of the Freight and FFA market; with a rollercoaster of news in China, we hear how that affects Iron Ore and finally end with some colour in the fuel oil market.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/0IMck3PzVAXmZ1440ril2O?si=iyr5dub7QKODMA3NCRH87g   Itunes – https://podcasts.apple.com/gb/podcast/episode-110-16-11-22/id1507094242?i=1000586474323  

A Room with a Technical View 15/11/22

Oil Jan – 23 January 23 Futures – Technically bullish on the last report, the downside move below USD 94.53 meant the technical had a neutral bias, resulting in the USD 92.33 fractal support being tested and broken. The technical is now bearish, with the futures trading to new lows on the open on the …