
BDI Diverging Global Growth?
The major caveat being that the Baltic Dry Index is a calculation, not a readily TA-able index. But the calculation of shipping rates has been dropping for a few weeks now, and has broken back below the neckline of the “complex Inverted Head & Shoulders” * pattern. Of more importance, in declining it is diverging commodities, which have been firm but not followed BDI upward … Continue reading BDI Diverging Global Growth?