Category archives: Coking Coal

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 …

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A Room with a Technical View 07/11/22

Capesize Dec Futures – The trend remains technically bearish, having broken the head and shoulders neckline to the sell side (neckline USD 14,750), resulting in the futures trading to a low of USD 10,150. We have seen light buying support in the last five sessions with what potentially looks like a bear flag forming; the …

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