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UnknownUnicorn13101

Baltic Dry Index

BALTIC DRY INDEX (INDEX:BDI)  
UnknownUnicorn13101  
INDEX:BDI   BALTIC DRY INDEX
Trend Analysis
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trendanalysis
I consider this a leading/coincident indicator. As long as the Baltic Dry Index is in a strong down channel, we can conclude that world commerce is contracting.

I would not be overly optimistic about markets until this indicator shows signs of reversing down trend.
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