Capesize

13750

May-17
450.00 3.38%

Panamax

8300

May-17
-200.00 -2.35%

Iron Ore

61.5

May-17
-0.50 -0.81%

Sing 380

292.65

Jun-17

Coking Coal

177

May-17
1.00 0.57%

Nola Urea

172

May-17
3.00 1.78%

FIS Technical – Capesize


FIS Technical – Capesize

Capesize Index- Technically bearish, the recent upward move was greater in time and price than any previous upward move since the high in March, suggesting buying confidence is growing.

Q4– At technical resistance with an overbought stochastic would suggest that downside support could be tested. Failure to make a fresh low would suggest consolidation or a change in bias from bearish to bullish. Caution on a close above 15,840

Cape v Panamax Q4 17 spread – technically bearish, failure to close above USD 5,990 would suggest downside continuation.

Q4 v Cal 18 – The bias of this trend appears to be in transition from bullish to bearish.

cape q4 19-7-17

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