FIS Technical – Capesize

FIS Technical – Capesize

Capesize Index- Technically bullish, both the weekly and daily stochastic are in overbought territory. Not a sell signal it does suggest another corrective wave is due.

Oct – Currently in a corrective phase with support at USD 18,400, ultimately we remain bullish above USD 17,260 unless a lower high forms.

cape q4 12-9-17

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