Iron Ore DCE May Daily Technical Review 17/03/22

Verdict – Short-term neutral.   DCE iron ore May22 contract extended growth as expected yesterday. However the close was almost flat to the high open. DCE iron ore apparently entered a small round of consolidation, major trading area concentrated between 795.0 – 810.0 area. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD potentially …

Freight and Commodity Podcast 16/03/22

This week we look at the aftermath of the amazingly volatile week from the last podcast, looking into Containers, Freight, Oil, Carbon and Iron Ore markets, with special guest John B.     Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/6GEKNz9WJT5rAxrmkg3l4Y?si=sSAIuclyRXS1fAbec3iTtw   iTunes – https://podcasts.apple.com/gb/podcast/epsiode-91-16-03-22/id1507094242?i=1000554200982   For more information please contact   News@freightinvestor.com London +44 (0) …

Iron Ore DCE May Daily Technical Review 16/3/22

Verdict – Short-term neutral bullish. DCE iron ore May22 contract recovered major loss over the previous two days following the sentiment of China equities spike. Hourly MACD created gold cross during day session. Hourly slow stochastic KD created gold cross near oversold area in last evening. Technical signals are indicating a recovery in continuance. The …