FIS Technical – Supramax

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.

smx index 23-4-17

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