Category archives: Technical Reports

A Room with a Technical View 07/11/22

Capesize Dec Futures – The trend remains technically bearish, having broken the head and shoulders neckline to the sell side (neckline USD 14,750), resulting in the futures trading to a low of USD 10,150. We have seen light buying support in the last five sessions with what potentially looks like a bear flag forming; the …

Continue reading “A Room with a Technical View 07/11/22”

Iron Ore DCE January Daily Technical Review 07/11/22

Verdict – Short-term neutral to bullish. DCE iron ore January contract recovered most of losses created in early morning before closing. The daily candle ended with a doji. The short-run uptick motive slowed down. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD created dead cross in overbought area. However iron ore maintain resilient …

Continue reading “Iron Ore DCE January Daily Technical Review 07/11/22”