Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 28/3/22

Verdict – Short-term neutral. DCE iron ore Sep22 contract rebounded as expected last Friday. However the verdict changed to neutral during the last few hours after seeing exhaustions on multiple signals. The intra-day trading volume expanded with slight decreased open interest. Hourly CCI correct from the bullish territory to neutral area. Hourly MACD narrowed above …

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Iron Ore DCE September Daily Technical Review 25/3/22

Verdict – Short-term neutral to bull. DCE iron ore Sep22 contract rebounded massively after rolling from May22, and become the major contract during the day. Hourly chart of MACD widened above 0 axis. Hourly slow stochastic KD reached over bought area. Hourly CCI stablised above 100 level. The first support is 834.5,the first resistance is …

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