Iron Ore DCE September Daily Technical Review 30/3/22

Verdict – Short-term neutral to bullish. DCE iron ore Sep22 contract opened low yesterday and created big rebound all through the day. Sep22 contract had refreshed new high since listed. Hourly MACD created gold cross. Hourly CCI was stable beyond bullish territory. Hourly slow stochastic KD approached overbought area after creating gold cross this morning. …