June 25, 2018

HANDYSIZE


A fairly flat Week 25 was seen for the Handysize Index, lending continued credence to our ideas of support
from the 575 - 600 level. So far, our thoughts of continued sideways travel are holding water.

The index closed a little down on the week at 593, staying...

June 25, 2018

CLEAN TANKERS


In Week 25 the Clean Tanker Index continued its journey into the lower levels of our 500 - 525 support zone, closing at 506 on a relatively small 5-point range for the week.

The MACD stayed its course of weak bearishness, slowly pushing further into negat...

June 19, 2018

HANDYSIZE


For Week 24 the Handysize Index took a positive step, closing up at 593 from a 586 open as our 575 - 600 support ideas 
appeared to assert themselves.

The MACD flattened out from its weak bearishness and the RSI leaned heavily into neutrality, perhaps hinting...

June 18, 2018

CLEAN TANKERS


For Week 24 the Clean Tanker Index gapped down on the open and continued its retreat, finishing down at 513. Pushing towards the bottom of our 500 - 525 support thoughts, the index showed little inclination to pull up from its downtrend as yet.

The MACD tu...

June 12, 2018

HANDYSIZE


Week 23 was a very flat week for the Handysize Index, with barely a wander either side of the 583 mark. Our 575 - 600 support zone appears be displaying some strength as the index cruises along.

The RSI retreated towards a more neutral 48.98 as the MACD staye...

June 11, 2018

CLEAN TANKERS


For Week 23 the Clean Tanker Index continued its dribble downwards after nudging our 575 - 600 upside resistance target in Week 21. The index took on the look of a sideways channel in a 15-point down-slide that finished the week at 531.

The index might be...

June 4, 2018

HANDYSIZE


The short Week 22 gave us another dull spell in the Handysize Index, with a mere three-point range to close down on the week at 583. It remains to be seen through the recent gloom whether our thoughts of support around 575 - 600 are in fact asserting themselv...

June 3, 2018


CLEAN TANKERS


For Week 22, the Clean Tanker Index shied away from our upside resistance thoughts around the 575 - 600 level, killing Week 21's flash in the pan. With the short Week 22's high at the 569 open, things deteriorated from there to a 540 close.

The MACD, whi...

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