Here are the iron ore charts for September 29, 2015:
Spot tanked. Tianjin benchmark fell 2.3% to $54.70. Paper is at the brink with both Singapore and Dalian forming bearish descending triangle charts and at the verge of breakdown. Rebar bleeds on. As do the wider bulks which is bad news for Glencore given its dependence upon thermal coal especially.
No news of interest.
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