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. A close above USD 11,484 should have market shorts looking to tighten risk. However this is also a resistance level and market hotspot.

Q3– Currently mid-range between support and resistance. Failure to break the USD 14,100 resistance should attract technical sellers to the market. Buyers need to see a higher low before entering.

Cape v Panamax Q3 17 spread – Technically bearish having produced a lower low, there are concerns regarding the oversold stochastic.

Q3 v Cal 18 – Technically bearish and nearing a resistance zone. Market buyers need to see a higher low before entering the market.

cape 8-6-17

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