Parabola’s first, Mean Reversion later

Here is another case of a parabolic price move followed by a halving in price, in very quick fashion.

The price of Rotterdam (delivered) Coal quadrupled within 6 months during the middle part of 2021, to only see it fall and now heading back towards its 200 week moving average.

I’ll check back on this one in a month or so.

November 30, 2021

by Rob Zdravevski

rob@karriasset.com.au