Category archives: Technical Reports

Iron Ore DCE May23 Daily Technical Review 24/03/22

Verdict- Neutral in Short-run. DCE May23 contract tested low and recovered loss. The rolling was slower than previous years, expected to complete in late next week. Hourly iron ore completed a 5 wave correction, yet to see a mid-run satblisation. Hourly slow stochastic created gold cross in oversold area. Hourly MACD created gold cross. Iron …

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Iron Ore DCE May23 Daily Technical Review 23/03/22

Verdict- Bearish in Short-run. DCE May23 contract maintained correction as expected. The stochastic signals lost the sensitivity in a single direction trend after many days. Hourly MACD was closed to neutral area. Hourly stochastic KD was moving along the oversold boundary. The next two support used to be a periodic low previously, which could only …

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