SGX MB Iron Ore CFR China (58% Fe Fines) Index Futures,Dec-2027,Composite Futures (Aug 2024) forum
TIO1! In the weekly chart, the price broke out from the last 3PTL buy line and the sell line is estimated to be around $80 based on the support line. There are indications of a potential up-trend forming. This up-trend will be confirmed if the price can successfully break out above the resistance at $130.