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 – Iron Ore Jan 18


FIS Technical – Iron Ore Jan 18

The new market low below support would suggest the technical is weakening based on price action. However, we remain cautious due to a drop in open interest above the more major support at CNY 412.5. Technical sellers should remain cautious due to the small bullish divergence on the stochastic.

iron ore 31-10-17

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