Tag archives: CC

A Room with a Technical View 21/03/22

Capesize April Futures – The futures continue to hold in a bullish trending environment, but price is in a corrective phase. Downside moves on the daily technical that hold at or above USD 21,232 will support a bull argument, below this level the futures will have a neutral bias.  The RSI is above 50, supporting …

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A Room with a Technical View 14/03/22

Capesize April Futures – We had a near-term upside target at USD 31,156 last week based on the William’s method of price projection, the futures traded up to a high of USD 31,000 before entering a corrective phase. Key support on the daily technical is at USD 21,232, downside moves that hold at or above …

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