Category archives: Uncategorized

Iron Ore DCE May24 Daily Technical Review 01/03/24

Verdict- Neutral to Bearish. DCE May24 contract moved in narrow range during most time of day, however tanked during last half hour, which resulted in a dead cross from hourly MACD, slow stochastic KD and a sharp drop on CCI to bearish territory. The last half hour drop attracted increasing volume. Iron ore will test …

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Iron Ore DCE May24 Daily Technical Review 29/02/24

Verdict- Neutral. DCE May24 contract moved in the range box from 876.0- 900.0 as expected from last trading day. The daily technical signals provided support, as gold cross on slow stochastic KD and narrowed MACD in bearish territory. The intraday signals saw a fast ascending CCI to approach bullish territory. On the other side, iron …

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