Baltic Dry Index: Double Dip Coming

Off Topic Politics and World Issues
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Or worse…

Got another chart showing speed of vessels coming from China – they’ve been told to slow down to ‘wind speed’.

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Does technical analysis of securities really apply to a shipping index?

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[quote]SkyzykS wrote:
Does technical analysis of securities really apply to a shipping index?

[/quote]

Yes, in fact it is perfect. There is no speculation on the BDI, it simply measures shipping. The stimulus has worn off.