Capesize

17950

Sep-17
0.00 0.00%

Panamax

11175

Sep-17
225.00 2.05%

Iron Ore

76.5

Sep-17
0.85 1.12%

Sing 380

278.25

Oct-17

Coking Coal

208

Sep-17
0.00 0.00%

Nola Urea

212.5

Sep-17
0.00 0.00%

FIS Technical – Capesize


FIS Technical – Capesize

Capesize Index- Remains in the support zone with open interest looking stable. However we have now created a lower high which would suggest a bearish bias within the support zone.

Q3– The technical last week suggested new lows, and the bullish signals failed to produce support to the market. A bullish divergence and support at USD 11,400 could see short term technical buyers enter the market targeting USD 14,157

Cape v Panamax Q3 17 spread – Mean reverted and broke support, a lower high needed to confirm bearish continuation.

Q3 v Cal 18 – Near term support failed to hold on the technical pullback and broke long term support at USD 240. This is now the first resistance level.

cape q3 1-6-17

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