Daily iron ore update

Iron ore charts as at 14 January 2014:

ScreenHunter_815 Jan. 15 07.18
ScreenHunter_816 Jan. 15 07.21
ScreenHunter_817 Jan. 15 07.22
ScreenHunter_818 Jan. 15 07.22
Unconventional Economist
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Comments

  1. Starting to look very bearish, though volatility still lower than previous episodes, $130 an important support. January has historically been a very strong month as mills restocked before the Spring Festival and recommencement of northern construction season.

    This year looks as though restock has been brought forward?