Verdict- Neutral to Bearish

 

DCE May24 contract started the second correction day after warning about the reversal risk for last three trading days. Hourly MACD widened in bearish territory. Hourly slow stochastic KD entered oversold area. Hourly CCI entered bearish territory. The market potentially test low in next few sessions.

 

First support 950.0. First resistance 1050.0.