Baltic Dry Index 12/04/22

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Iron Ore DCE September Daily Technical Review 12/04/22

Verdict – Short-term neutral to bullish. DCE iron ore September contract rebounded massively and recovered the loss of yesterday. The active contract however created lower volume over the last three trading days. In short-run hourly candles entered a resisting area around 925.0 – 928.0. A rejection would indicate a potential correction. However an effective breakthrough …