For me it is in no mans land and therefore not to be touched. Hope that helps.
On the one hand there are huge coal demands from China and on the other - problems with shipping. All that equals no mans land for me.
Technically it looks like it has just had another counter trend but the fundamentals give me reason to look for better trades.
The MACD also tells me that further downside is possible.
Maybe you need to do a bit of tech. analysis and work out your own technical trading plan.
For me it is in no mans land and therefore not to be touched....
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