Tanker FFA Report 13/03/24

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Iron Ore DCE May24 Daily Technical Review 13/03/24

Verdict- Neutral. DCE May24 contract corrected during the trading day after a short-run recovery during last night. Hourly MACD narrowed. Hourly slow stochastic KD entered oversold territory. Hourly CCI entered bearish territory. Both open interest and volume increased. If iron ore gained support around 800.0 level, the market potentially see reversal. Otherwise iron ore maintains …