Friday, August 26, 2011

26th Aug 2011–Pattern Study - The big cargo ship is back ?!

imagesTicker:

 

  1. Baltic Dry Index (BDI)

 

Topic:

 

  1. Baltic Dry Index coming back up and in a short time.

 

Lesson Learnt:

 

  1. What is it trying to tell me? Is it telling me that shipment is increasing? Business is getting better globally?
  2. I don’t see any improvement in all the shipping stocks. They are bleeding heavily. Setting all time low and getting lower.
  3. Anyway, pay close attention to this index. The message might be clear soon.

 

Intraday Chart

-NA-

 

Historical Chart

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