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


The weekly bear trend has been neutralised as it is now above USD 9,489. The daily chart is looking bullish, however at 45% from the 20 period EMA it is starting to look over extended.

Q4– Having broken technical resistance it is now testing as a support. If USD 15,713 holds we should see upside continuation. However the stochastic is overbought suggesting the potential for a pullback first.

Cape v Panamax Q4 17 spread – Currently consolidating. Bullish above USD 5,999 and bearish below USD 5,660.

Q4 v Cal 18 – In a range between USD 2,600 – USD 2,130 with an overbought stochastic. If USD 2,600 holds it could attract short term selling interest into the market targeting USD 2,130.

 

cape 8-8-17

To view the full report please click on the link