FIS Technical – Capesize

FIS Technical – Capesize

Capesize Index- a lower low and lower high would suggest the technical is weakening. Market shorts should be cautious on a close above USD 20,427.

Nov – the previous wave made a higher high and a lower low suggesting the trend lacks direction, and has the potential to enter a consolidation phase. Caution on a close below USD 18,050.

cape index 11-10-17

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