Verdict- Neutral in Short-run.
DCE May23 contract tested low and recovered loss. The rolling was slower than previous years, expected to complete in late next week. Hourly iron ore completed a 5 wave correction, yet to see a mid-run satblisation. Hourly slow stochastic created gold cross in oversold area. Hourly MACD created gold cross. Iron ore potentially test high in next session, however be aware of mid-run ressitance.
First support 836.0. First resistance 870.0.
