COAL

COAL is in an advancing Stage 2 uptrend, carving successive higher highs and lows above rising 9- and 20-day EMAs. The medium-term bias remains bullish, supported by strong demand and volume, while short-term pullbacks into the EMA zone offer structurally aligned entry opportunities. Entries near the 9/20 EMA support area are appropriate, although overhead 50- and 200-day SMAs may cap upside and merit caution.

• ↑Coal prices rose 16.6% YoY to $129.25/ton, with forecasts of $130.75/ton
• ↑Jones Act waiver extension improves US shipping logistics for top producers
• ↓Heightened environmental scrutiny and policy shifts could raise costs sharply