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 …

Iron Ore DCE Sep Daily Technical Review 30/4/21

Verdict – Short-term neutral to bearish. DCE iron ore September contract retreated as previous long taking gains before Labor Day holiday. However market needs further confirmation on the reversal, unless a breakdown on important support on 1083.0 level. Hourly slow stochastic KD narrowed near oversold area. Hourly CCI flattened. Technical signals were indicating the correction …