Capesize

5925

Feb-17
0.00 0.00%

Panamax

7475

Feb-17
75.00 1.01%

Iron Ore

81.7

Feb-17
0.95 1.18%

Sing 380

312.95

Mar-17
#N/A #N/A

Coking Coal

185

Feb-17
0.00 0.00%

Nola Urea

250

Feb-17
0.00 0.00%

FIS Technical – Panamax


Verdict: Panamax Index remains in bullish territory, price action continues to look bullish. Market sellers should wait for negative price action before looking to enter.

April – Price action remains bullish, MAs remain stable. Small caution due to an overbought stochastic

Cal 18 – Has now entered a range and formed a double top. Market neutrals should look for a range breakout in either direction.

Q2 v Cal 18 – Remains in a bullish trend, market sellers need to see a close below US$ 1,587.

panamax 3-4-17

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