Iron Ore DCE Jan Daily Technical Review 29/9/21

Verdict – Short-term neutral to bullish. DCE iron ore January contract rebounded as expected in last few days. However rejected by 705.5. The lower support of 661.5 was a strong support area. Hourly KD created gold cross. Hourly MACD created gold cross. Hourly CCI approached bullish territory. The next round of aggressive movement needs a …