Thank you the charts Bonehead they are very good and I found them useful. Please do keep posting them.
I hope for a so around $1.15 to $1.20 for this correction but I think the gap might be to much to fill before this correction ends.
Interim report is going to be important.
BTW a tropical low forming in WA which might affected operations in next few days this will certainly have the IO doomsayers out again. For me a tropical cyclone and port closure just after Chinese new Years will certainly lift the IO prices, the mills and traders will be active booking cargos and freight.
IMO watch the Baltic dry index lift in next few days.
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