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 – 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

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