is steel screwed? nahsteel is fine. tariffs seem to be working. what is the point of these descriptions.
Long SteelI think we will see a nice bullish move in steel closing above and break of structure on futures, would like to see us retrace to golden pocket.
Iron ore futures look heavy after breaking multiple levelsChinese iron ore port inventories are bloated and continue to increase, hitting more than two-year highs last week. When you throw seasonality into the mix, the build is occurring at a time when inventories should be drawing fast. It’s extremely rare, raising questions whether iron ore can hold abov
Iron ore futures set for another visit below $100?SGX iron ore futures look set for a potential push below $100, breaking a series of downside supports over the past two sessions.
Friday brought a bearish break of the symmetrical triangle futures had been trading in over recent weeks. That was followed up today with the price slicing below $103.5
iron buddha.The price of red dirt is ready to break down. even with the debasement
of the USD, the price of this commodity has failed to increase.
This colony of the empire (terra nullus) has done well from the plentiful red dirt.
A countries wealth is from its resources . African countries
have always been
Long SteelWhen the Federal Reserve lowers interest rates, it tends to diminish the appeal of fixed-income assets due to lower yields, prompting investors to seek higher returns elsewhere. This shift often leads to increased investment in commodities, including steel, as they offer a hedge against inflation an
Iron ore trend downIron ore is the main component for many industries focus in china. China is economically weaker now and for sure it will affect the prices of iron ore. For moment its a sell
Iron Ore/FEF2! ~ Daily Swing Chart (Oct 2023)SGX:FEF2! chart mapping/analysis for med-long term swing trade strategies.
China's Iron (Ore) Dragon lays dormant while the country celebrates Golden Week (Oct 1st-Oct 7th).
Iron Ore Futures ~ Snapshot TA / Coiling like a Steel RollIron Ore Futures coiling like a steel roll in a series of Lower Highs & Higher Lows since October 2022.
Break above 116.60 = Bullish momentum towards 134.85 (38.2% Fib Retracement)
Break below 99.40 = Bearish momentum towards 77.60 (78.6% Fib Extension)
Seasonality typically favours the Bulls run
Iron ore trend upIron ore has been punished quite heavy due to uncertain about china, however for moment it showed a trend up... is it correction or bull run? we dont know just follow the trend
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.