SGX Iron Ore: Retest of 2025 Lows Back in PlaySGX TSI Iron Ore CFR China (62% Fe Fines) Index FuturesSGX_DLY:FEF2!FOREXcomSitting in an established downtrend and with momentum indicators providing bearish signals, a retest of the 2025 lows may be on the cards for SGX iron ore. A move below $93—where the price bottomed on Monday—would allow for shorts to be established targeting $91.75. A tight stop above would protect against reversal. Alternatively, if the price bounces towards downtrend resistance running from the May highs, bearish positions could be set with a stop above for protection. If the trade target is achieved, either setup could be reevaluated with a more pronounced support zone located beneath $90. Good luck! DS