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


The Capesize index held at the Fibonacci support last week and is now testing the 21 period EMA. Key focus is now on the 21 period RSI at 39. 49 has been the key resistance in this bear move, above this level it would suggest that the technical trend could be changing.

The May futures remain technically bearish based on the moving averages. However, price action is making higher highs and higher lows and should be considered as bullish above USD 12,570.

cape q3 13-4-18

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