twenty million tonnes of high grade iron ore, page-12

From a TA perspective the Daily chart is looking ominous with the MACD looking toppy.

On the 1 Hour chart the MACD looks as though it has bottom and wants to turn up.

We need constant buying here and price movements up to prevent the Daily MACD from turnig down.

If it turns down, we have the start of a new down trend taking place.

Lets hope it doesnt.