In this analysis we breakdown certain inflation measures that can aid us in capitalizing on longer term trends in various asset classes. The Baltic Dry Index or BDI gives us a real world view of shipping costs. The Index is a measure of the cost to move commodities by the Sea. Therefore, It's a leading indicator for the demand of commodities around the world. The...
CBOT: Micro 10-Year Yield Futures ( CBOT_MINI:10Y1! )
Maritime transport is the backbone of international trade and the global economy. Over 80% of the global trade volume in goods is carried by sea, according to the UN. Therefore, whenever a major trade route is blocked, shipping time would be lengthened, which pushes up freight cost, and ultimately, the prices...
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.
Bollinger bands are a tell of a big move coming when they constrict. They are tightening historically the most ever, yes ever. Which means whatever has caused them to get this way is an artificial market force, a lie which has delayed this move, so they overtighten. Overlaying the SPX with BDI, we see the 2020 crisis demand shock take place, first the BDI,...
What is the Baltic Dry Index (BDI) and what does bitcoin have to do with it?
The index is a tool for measuring business activity in the world, and actually tracks the cost of shipping in the world by different classes of ships. Why does an investor or a mid-term trader need it? It can be used to forecast the demand for international maritime transportation, as...
Baltic Dry Index points to smth ugly in global trade to happen. I count move from 2008 top to 2016 bottom as wave circle A. Move from 2016 trough to 2021 peak as wave circle B. Wave circle C is ahead. Assuming C=A extension the bottom should be expected somewhere in the 140-200 range, almost 80-90% drop from the current levels.
Coinciding with talks of recession, the Baltic Dry Index (which can be thought of as the cost of international shipping of primary goods and so an economic indicator) is approaching the lows seen during 2020. With a 60% drop left to the 1D Cosmic Channel Lite support and Cosmic Markers Lite not yet flashing the strongest support signals the prognosis is...
The globle very important indicator BDI is near the mach 2020 level therir is two type of view
NEGATIVE:- This is the time to sell the all stock because the globle most of the market and indicator is negative trend
Positive:- This is the time to the invest because, last time BDI near this level after this all market give rally, so this is time to accumalate...
Minor Higher High & Down Trend till 2024 ...
We will see an increase in the index level till 2000-2050 and after that going down towards levels less than 700
The very important indictor of the globle finacial market baltic dry index is show in the positive trends. If you watch this indictor it is very much possible the bearish market end soon.
Baltic dry index is lowest level since 2020,which almost COVID 19 days .If now still it's very close to that levels means, global economy is about to come recession.
Baltic Dry Index remains quite weak - watch 1300 support level. USO is trading at $71 while Brent is $93.47 and WTI is $88. Don't think commodity space has completed its full decline! INDEX:BDI
The BDI or Baltic Dry Index - measures the cost of shipping goods worldwide.
For 2022 - the BDI is down -34.14%.
Ukraine was a large disruption for Grains - Barley, Corn, and Wheat.
Factually had material impact.
The index's value is generated by the demand for the raw materials
and the supply of ships available to transport them.
There is absolutely no...
Wassup moving goods arouund...
Oops, not happening.
China?
Nope, re-opened for 61 Hours and closed up again.
No more Honey for the Money.
Increasingly more stringent lockdowns... but hey.
Facism rules the planet.
Go get some.
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The Baltic Exchange's main sea freight index extended its slide on Thursday...
Understanding the "price action" it seems the FED rate hike with BOE hike is not enough to control BDi which still looks bullish in price action charts
IT SEEMS inflation is not contained by these latest rate hikes so far.
