FIS Technical – Supramax
Supramax Index- Recent upward moves have lasted between 10 – 14 days, we are currently on day 10. The bearish divergence on the weekly chart remains a concern as we approach a resistance zone.
Sep – In a corrective wave within a bullish trend. Bullish above USD 9,182 but could find support between USD 9,650 – USD 9,475.