Post by SSY
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SSY’s #MarketInAMinute: #Panamax July '26 📉 Prices have fallen below the ascending trendline on elevated volume. ⚠️ The short-term outlook has turned bearish. 📊 RSI and MACD both point to weakening momentum. 🧱 Key support levels sit at $19,750 and $18,500. 🔑 A move back above the trendline, around $21,250, would be needed to ease the bearish pressure. 🔗 For full market details, read the latest #Freight Technical Analysis from SSY's William Tooth, Head of Futures Research, via SSY Navigator: https://lnkd.in/ey-xDXDU To subscribe, contact [email protected] #ExperienceMatters