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Base Morning Intraday Note 12/07/21
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Iron Ore DCE Sep Daily Technical Review 12/7/21
Verdict – Short-term neutral. DCE iron ore September started to give back gains created by last Friday night session. The next session iron ore is facing correction risk. Hourly MACD created gold cross. Hourly CCI created a periodic rebound from July 8th. Hourly slow stochastic KD created gold cross and accelerated on the rebound. Technical …
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Base Morning Intraday Note 09/07/21
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Supramax Technical 08/07/21
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Oil and Ore Intraday Morning Technical 08/07/21
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Freight Morning Technical 07/07/21
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Base Morning Intraday Note 08/07/21
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European Close 07/07/21
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Iron Ore DCE Sep Daily Technical Review 8/7/21
Verdict – Short-term neutral to bearish. DCE iron ore September rejected below previous high at 1252.0 level. From hourly chart, the iron ore was also rejected by 1204.0 level, which was close to a neckline of a double top pattern. The price movement and candle pattern were indicating iron ore price entered a corrective phase. …
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