Tag archives: SS

A Room with a Technical View 11/07/22

Capesize August Futures – Technically bullish last week with the futures in the early stages of a corrective phase. The price traded to a low of USD 26,000, meaning we held the USD 23,897 support, resulting in the futures moving higher. The moving averages are now flat indicating a lack of trend in the market, …

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A Room with a Technical View 05/07/22

Capesize August Futures – last week we noted that the divergence will need to be monitored on the July contract, price did move higher but failed to trade above the fractal resistance at USD 26,625 resulting in the futures moving to the downside. The roll into August has created a higher high meaning the rolling …

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