Category archives: Technical Reports

Iron Ore DCE Jan Daily Technical Review 9/8/21

Verdict – Short-term neutral. DCE iron ore January contract corrected over Friday night session and the day session of Monday. However the trading volume decreased and rebounded during most of the day session on Monday. A further breakdown on daily low at 845.0 with small trading volume would indicated a new round of slump. Hourly …

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Iron Ore DCE Jan Daily Technical Review 5/8/21

Verdict – Short-term neutral to bearish. DCE iron ore September rolled to January during this week. The big correction with greater volume during a rolling period indicated major investors were slight bearish in the after market of iron ore. Hourly chart candles entered stable over the afternoon session. A hold up on 873.0 level would …

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