Baltic Dry Index compared to the SP 500 and Light Crude Oil ;Ever since I got involved in the shipping industry (raising capital for a German shipping firm), I have been keeping an eye on this very "RELIABLE" leading indicator.
The indicator is now "overbought" ; price spread with the 20 days EMA is too high.
Expecting a pull back
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OIL??? A blowoff into Titusville, Pennsylvania August 27 1859-2009 Anniversary of Crazy Drake's 1st oil well...
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