Tag archives: SS

A Room with a Technical View 05/12/22

Capesize Jan 23 Futures – The Roll into the Jan contract has resulted in a downside breakaway gap due to the discount between the two contracts. The downside move has created a positive divergence in the futures, resulting in price finding light buying support. Upside moves that fail at or below USD 10,453 on the …

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Freight and Commodity Podcast 30/11/22

EU sanctions on Russia, a G7 meeting, a price cap on Russian oil, an OPEC+ meeting, and rare protests in China against zero-COVID rules included in our conversations on how this impacts the freight & FFA market, crude oil & products market, and the ferrous commodity complex.   Click Below to Listen:     Website …

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A Room with a Technical View 28/11/22

Capesize Dec Futures – Technically bearish last week, the divergence with the RSI warned that we had the potential to see a momentum slow down soon. The futures moved higher, above the USD 10,604 and USD 11,675 resistance levels, meaning we are now in bullish territory. Downside moves that hold at or above USD 9,842 …

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