NCF1! Testing $101 again would give more confidence to go long, assuming it finds support. I see value at that area and would be a buyer. Cheers G
AAAPI4 Richards Bay Coal Futures
108.20USDD
−2.60−2.35%
Last update at Jul 15, 2021, 18:09 GMT
USD
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API4 Richards Bay Coal Futures forum
NCF1! Testing $101 again would give more confidence to go long, assuming it finds support. I see value at that area and would be a buyer. Cheers GNCF1! Covid spike was the anomoly, this could go back down to the $50's if it was a look above and fail, which it seems to be at the moment? Im cautious. Cheers G
NCF1! Selling pressure doesn't stop yet, stock related to this commodity, may follow the bearish trend.
tradingview.com/x/tnJommaB/
tradingview.com/x/tnJommaB/
Downward move may continue until $200 as monthly candle bound to break into bearish territory
