Panamax Q3 21 21 Morning Technical Comment – 240 Min 20/05/21

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Iron Ore DCE Sep Daily Technical Review 20/5/21

Verdict – Short-term neutral. DCE iron ore September contract tested low several times on 1102.0 area and rebounded, however still have some distance to the previous upper bound of the gap created last night. Hourly slow stochastic KD created gold cross above oversold area. Hourly CCI started to rebound prior to other technical signals. A …