BDRY the Dry Bulk Shipping ETF, which is tied to the Freight Rate Futures Contracts of the Various Ship Sizes, is now looking to rise again as both the Import and Export prices continue to rise, especially within the Natural Gas and Fuel category. We have Confirmed Bullish Divergence on the RSI, MACD, and PPO; all while the PPO has begun to give us a Bullish...
I don't like the setup yet on EMTY - but there is a lot of fundamental evidence pointing to a rough 2023 for retail. Container imports are plummeting - that is a sure-fire sign of falling retail demand: www.descartes.com AMEX:EMTY
This is a pair I'v been looking to short again for awhile now due to the trend and now i'v got some Bearish Divergence to justify entering and the nice extra bonus from the news of the US Trade Deficit Increasing. I think this will stir up more demand for the CAD against alot of other Currencies but more particularly against the AUD. This may also put downwards...
This thing has gotten way overcooked and gone parabolic. If it continues to go parabolic, it will destroy the consumer. Which is 70% of what drives the US economy. So I doubt that will be allowed to happen by the market gods lol. I expected TVC:USOIL to return to its well-defined travel that it bonered out of like a rocket. Unless we see 3 consecutive closes...
There is a clear picture here. The only (tiny) saving grace the US has is the "on site" stuff that cannot be delocalized, or hardly, all these basic industrial goods, as well as their agri mostly grains. The US imports 3 times as much consumer goods and auto parts as they export. It's cheaper to get chinese slaves to build goods in huge factories than pay these...
AUD/USD extends its four-day losing streak into Tuesday, looking to threaten the September low of 0.7006 while wallowing in three-week lows near 0.7032. AUD futures net positions dropped from 8.9k to 3.8k as 10k+ short positions were opened. Growth in China is slower than expected hence Australian exports to the Asian country could be affected. This coupled...
GOOO SELL IT . it seems that there is great opportunity in ZW1! for the big investors . As we see in the chart the ZW1! is following a clear system so there is a huge probability OVER 95% that ZW1! will reach the 500s level
SHIPPING INDUSTRY of EARTH? “Door-to-Door” “THE LAST MILE” of FREIGHT? One of the most important ideas in the shipping industry is the idea of “universal balance”. (for example Exports compared to Imports or from an economic-philosophical perspective imbalance in credit or “debt”). Shipping is perhaps one of the most important industries still here on Earth. ...
The report says that China is moving forward with plans to buy up oil for its emergency reserves after the epic crash in oil prices over the past few weeks. Beijing has asked departments to quickly begin filling tanks and options to lock in the current low prices in the market. Also noting that Beijing may use commercial space for storage as well - in addition to...
Diverging rsi with support found at 38% fib. Looking long here