A HAPPY & PROSPEROUS

LUNAR NEW YEAR!

(Even if it seems hollow in the face of these dry bulk numbers....)

HANDYSIZE

For Week 5 the Handysize index carnage continued, once again gapping down at the open and even accelerating the plunge to a 311 fix, as can be seen on the...

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 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.

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HAN...

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...

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...

As the Capesize Index took a surge last week (daring to poke through our upside resistance, no less), and while the Handies weakened along with the Supras, the Panamaxes took a pause.

For the next few weeks, Superior Maritime's spot (or blemish?) on the web will be tak...

HANDYSIZE

Week 26's Handysize Index carried on in sideways mode, although weakness in the index appeared stronger at first glance. Bumping along the bottom of our 575 - 600 support zone, the Handies made a fresh low in their present channel at 581.

The MACD reinforced i...

HANDYSIZE

Week 21 in the Handysize Index was a lack-lustre spell showing little change despite Week 20's small
white candlestick. A small drop to a close at 587 may be some continued flirting with our 575 - 600 support ideas,
and the index did a fair job of supporting...

HANDYSIZE

The Handysize Index ran strongly downhill in Week 17, bringing the index just short of our downside warning target of 575 - 600. Closing down 16 points on the week at 605, this run downwards was hinted at last week, but as usual we had hoped for better. 

The R...

HANDYSIZE

For Week 16, the Handysize Index showed slightly less weakness than than the previous two weeks, closing just below our support ideas of 625 - 630 at 621. This may be a hint of a run at our downside warning target in the 575 - 600 region, but no serious attem...