Commencez
Thomaswestw

Iron Ore Weakness May Continue as Death Cross Looms

Short
SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures,May-2024,Composite Futures (SGX:FEF1!)  
Thomaswestw  
SGX:FEF1!   SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures,May-2024,Composite Futures
Trend Lines Moving Averages IRON iron_ore
2
0
trendline movingaverage iron iron_ore
An incoming Death Cross formation may add to iron ore's downside in the coming weeks. The 50-day Simple Moving Average is on track to intersect the 200-day SMA. Prices found support at the September 2020 high, but the path of least resistance appears to be to the downside with a descending channel.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.