Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 05/07/22

Verdict – Short-term neutral to bullish.   DCE iron ore September contract filled the first gap after broke through the resistance at 735.5. Iron ore rebounded with significantly increased volume and open interest, indicating the reversal of a trend approaching. If breakthrough next gap resistance around 786.0, iron ore expected to accelerate rebound.   The …

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Iron Ore DCE September Daily Technical Review 04/07/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract corrected during the day as expected from previous report. Iron ore created two gaps during the past three trading days. As a result, the current two resistance were consisted of the lower boundary of last two gaps. Hourly MACD narrowed below 0 axis. …

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