Category archives: Technical Reports

Iron Ore DCE Sep Daily Technical Review 13/5/21

Verdict – Short-term bearish. DCE iron ore September contract continued correction, with a further correction expectation in next trading day. Hourly stochastic KD slumped after a dead cross in the first hourly of DCE night session yesterday. Hourly CCI however finally flattened after created a year-low level. Hourly candles filled the previous gap created after …

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Iron Ore DCE Sep Daily Technical Review 12/5/21

Verdict – Short-term bullish. DCE iron ore September contract continued rebound. Hourly CCI recovered massively from a monthly low of May in current two trading days. Hourly chart indicated the previous gap by the opening of May 10th successfully supported the new round of strong movement. However a short-run increase on price need to confirm …

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