Iron Ore DCE May23 Daily Technical Review 24/03/22

Verdict- Neutral in Short-run. DCE May23 contract tested low and recovered loss. The rolling was slower than previous years, expected to complete in late next week. Hourly iron ore completed a 5 wave correction, yet to see a mid-run satblisation. Hourly slow stochastic created gold cross in oversold area. Hourly MACD created gold cross. Iron …