China Wuxi Cobalt Index Weekly Technical Review 10/5/2021

Verdict – Short-term neutral. China Wuxi Cobalt entered a consolidation area from mid-April. Cobalt didn’t catch up the big voltality as other metals after Labor day. The decrease on trading volume in April in general trapped Cobalt market into a narrow consolidation range. Technical signals were indicating a very neutral trend in short-run as well. …

Iron Ore DCE Sep Daily Technical Review 7/5/21

Verdict – Short-term neutral to bullish. DCE iron ore September contract refreshed historical high and maintain strong movement. Iron ore futures hourly candles failed to breakthrough intra-day high at 1231.0 level. Hourly CCI retreated to the bound between neutral and bullish area from a two-week-high, which created a bearish divergence with the strong price movement. …

Iron Ore DCE Sep Daily Technical Review 6/5/21

Verdict – Short-term neutral to bullish. DCE iron ore September contract refreshed historical high and maintain strong movement. Iron ore created a gap as a strong support after a high open cross Labor Day Holiday. Hourly slow stochastic KD created gold cross near oversold area. Hourly CCI created two-weeks-high fast from a monthly low during …

FIS Castaway Podcast – Episode 53 05/05/21

  FIS Castaway Podcast – Episode 53   Japanese power, a red-hot Cape market, rising oil, and iron ore around record levels. Get updated on our main markets as well as battery metals and lumber on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-53/   Spotify https://open.spotify.com/episode/1BWbvExwXnvxfQhuqA3OR9?si=wTn7L6bsSjeT5oHEJSwCfA   iTunes https://podcasts.apple.com/gb/podcast/episode-53/id1507094242?i=1000520255753         Disclaimer: This …