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 – Coking Coal


FIS Technical – Coking Coal

TSI FOB Australia Premium Coking Coal Swap     Mar 16

Verdict – The March futures remain in a bearish trend with a 14.5% drop since the last technical.

RSI, MACD and stochastic are all in oversold territory, and this is more a representation of the trend rather than the indicators representing buying opportunities.

The DMI (Directional Movement Index) remains bears. And the ADX at 79 tells us that this trend remains strong.

CC 14-2-17

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