Tag archives: FO

A Room with a Technical View 07/03/22

Capesize March Futures – Technically bearish last week A positive divergence on the 1-hour intraday had warned that we could see a small test to the upside resulting in the futures trading from USD 15,650 to USD 20,000. April futures – The roll in the futures created a bullish Gap of USD 4,000 which took …

Continue reading “A Room with a Technical View 07/03/22”

Daily Capesize Review 3/3/22

Capesize freight rates slumped after recent rally, as some ships wanted to get covered before the weekend amid market volatility. The Capesize 5 time charter average, then dropped by $1,662 day-on-day to $13,598 on Thursday, despite support from the high bunker prices. The Baltic Dry Index (BDI) also decreased by $33 day-on-day, or down 1.54% …

Continue reading “Daily Capesize Review 3/3/22”