FIS Technical – Capesize

FIS Technical – Capesize

Capesize Index- remains bullish having made another higher high. USD 20,657 is the first level of support but we remain bullish above USD 19,129. Below this level the technical should weaken.

Oct – Technically bullish having pushed of the ascending triangle, the short period RSI is oversold suggesting support should hold in the near term.

cape cal 18 26-9-17

To view the full report please click on the link