Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 24/05/22

Verdict – Short-term neutral.   DCE iron ore September climbed fast in the first minute, rejected by the high of May 6th. Iron ore gave back half of gains by closing. Hourly slow stochastic KD created dead cross near the boundary of overbought area. Hourly CCI corrected to neutral area. MACD narrowed above 0 axis. …

Continue reading “Iron Ore DCE September Daily Technical Review 24/05/22”

A Room with a Technical View 23/05/22

Capesize June futures – Technically bullish last week but in a corrective phase; having traded to a low of USD 34,625 the futures have traded above the USD 39,250 high, to USD 43,500. Elliott wave analysis would suggest we are on a wave 5 of the cycle that started on the 29/04/22 with a potential …

Continue reading “A Room with a Technical View 23/05/22”