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 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 ...

December 22, 2018

 ------------------------------------

 ------------------------------------

December 17, 2018

-------------//-------------

 As we head to the Christmas break, we at Superior Maritime would like to extend our very best wishes for this festive season to you and yours, no matter which holiday you celebrate. We'll see you in 2019.

-------------//-------------

HAN...

December 10, 2018

HANDYSIZE


The Handysize Index took a rest in Week 49, halting its downtrend just above our 615-620 support ideas from a month ago. Barely visible on the chart, the index closed at 625, down a whole single point on the week.

The RSI continued its downtrend to 69.33, stil...

December 3, 2018

HANDYSIZE

The Handysize Index closed down once more at 626 for Week 48. Traversing a tighter 7-point range, the index was left just above the 600-615 support zone we spoke of back in our Week 45 comments.

The RSI showed a slightly off-peak 71.68 while...

November 25, 2018

We wish all our American friends a safe and happy holiday as we roll through this Thanksgiving weekend.

May all your harvests be bountiful.

HANDYSIZE


For Week 47 the Handysize Index lost another 10 points or so, closing at 635. This brought the index closer to our suppo...

November 19, 2018

HANDYSIZE

For Week 46 the Handysize Index found itself closing down again at 646. The steady march downwards of the weekly candlesticks is a bit worrisome.

The indicators showed relatively little change, as the RSI stayed in peakish country at 82.10 with the MACD showing...

November 12, 2018

HANDYSIZE


For Week 45, the Handysize Index retreated to 656, keeping itself below our 700 - 725 upside resistance target and still making us watch for possible support around 600 - 615.

The RSI, as in Week 44, stayed up in the peakish range at 86.93 while the lagging M...

Please reload

Recent Posts

Please reload

Archive

Please reload

  • twitter

GET IN TOUCH:

Disclaimer: Content on this site is provided  for information purposes only. We are not a registered investment advisor, broker, dealer, financial analyst, financial bank, securities broker or financial planner. The contents of this site are not intended to be, and do not constitute, financial advice. For any investment decision, you should seek the advice of a qualified and registered securities professional. This website is provided without any representations, warranties or conditions of any kind. The opinions expressed by www.supermar.info article authors and those providing comments are theirs alone, and do not reflect the opinions of Superior Maritime. Superior Maritime is not responsible for the accuracy of any of the information supplied by these authors.

  • twitter

©2016-2019 SUPERIOR MARITIME