A Room with a Technical View 23/05/22

Capesize June futures – Technically bullish last week but in a corrective phase; having traded to a low of USD 34,625 the futures have traded above the USD 39,250 high, to USD 43,500. Elliott wave analysis would suggest we are on a wave 5 of the cycle that started on the 29/04/22 with a potential …

Freight and Commodity Podcast 18/05/22

An exciting announcement, technical chat, and looking into freight and base metals markets, all on this week’s podcast. Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/63IlRM5CBVAw7yKvJfcbhz?si=JxWGhJmQQMqeqYXFFrtOvw   iTunes – https://podcasts.apple.com/gb/podcast/episode-98-18-05-22/id1507094242?i=1000562212548

A Room with a Technical View 16/05/22

Capesize June Futures – Last week we noted that the RSI on the 4-hour chart had produced a negative divergence, warning of the potential for a momentum slowdown, with downside moves below USD 36,500 indicating the futures had entered a corrective phase. We also noted that any corrective move lower had the potential to be …