January 27, 2019

HANDYSIZE

Week 4 saw more gloominess for the Handysize Index, with yet another gap-down open. The headlong charge ran down
to a horrendous fix of 395, as the index poked a little way through our hopes of some low-400s consolidation.

The single-digit RSI at 6.04 and nega...

January 20, 2019

HANDYSIZE


In Week 3 the Handysize index again plunged on a gap-down 511 open, fixing at a dismal 451 for the week. Our previous fears for our 500-525 support ideas showed their teeth.

The index dive placed the RSI well into bottoming values at 14.50 and a MACD into neg...

January 20, 2019

CLEAN TANKERS


For Week 3 the Clean Tanker index appeared to rest a little, following our Week 2 thoughts of the index taking a rest and the low 700s zone showing some attraction.

With a 661 fix at week's end, the clean tankers still showed some weakness as the MACD dro...

January 14, 2019

Well, a week or two certainly makes a difference, doesn't it? Our last commentary was for Week 50, 2018 and we posted dry bulk and tanker charts through the holiday period, watching as the black marks began to pile up. Our friend Jerome Sorrel summed it up well on the ...

January 13, 2019

Welcome to 2019. Well, a week or two certainly makes a difference, doesn't it? Our last commentary was for Week 50, 2018 and we posted dry bulk and tanker charts through the holiday period, watching as the black marks began to pile up. Our friend Jerome Sorrel summed i...

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