Iron Ore DCE May23 Daily Technical Review 23/03/22

Verdict- Bearish in Short-run. DCE May23 contract maintained correction as expected. The stochastic signals lost the sensitivity in a single direction trend after many days. Hourly MACD was closed to neutral area. Hourly stochastic KD was moving along the oversold boundary. The next two support used to be a periodic low previously, which could only …

Freight and Commodity Podcast 22/03/23

FIS were at the forefront of the Singapore Exchange Container futures launch in February 2023. We discuss the launch of the four contracts and the outlook for the Container market in 2023.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/3z1iWsFPu4YuF2ZGmpHYh0?si=_SzDsmCHS1qhKvbxJddqlA   Itunes –https://podcasts.apple.com/gb/podcast/episode-123-22-03-2023/id1507094242?i=1000605344018  

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

Verdict- Bearish in Short-run. DCE May23 contract entered a correction phase as expected. The current iron ore accelerated correction each time broke important support level. All support level from our reports become the significant intra-day support. Hourly MACD in bearish territory. Hourly CCI maintained in bearish territory. The market potentially stay in bearish mode without …