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 – Panamax


FIS Technical – Panamax

Panamax Index- The index is producing a potential higher low on the weekly chart, suggesting upside resistance should be tested.

Q4 – Testing upside resistance whilst producing a bearish divergence, this would suggest that a market pullback within the bull trend is needed.

Cal 18 – A technical breakout but a bearish divergence, indicating the Cal 18 needs to mean revert.

Q4 v Cal 18 – Remains range bound. Caution on a false breakout to the upside as it is likely to produce a bearish divergence.

pmx 13-7-17

To view the full report please click on the link