Category archives: Uncategorized

Iron Ore DCE September Daily Technical Review 06/06/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract reversed after refreshing listed high at 948.0 and gave back all gains created during the day. The return to bull needs to see changing hands, because aggregated open interested has reached the two-year high, indicating new long positions need to confirm a short-run …

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Iron Ore DCE September Daily Technical Review 02/06/22

Verdict – Short-term neutral to bullish.   DCE iron ore September contract rebounded significantly with short position cut loss before the long weekends. Hourly MACD widened above 0 axis. Hourly slow stochastic KD widened above overbought area. Hourly CCI maintained in bullish territory. Be aware of the gains taking approaching listed high at 944.5 in …

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