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


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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