T Nation

Baltic Dry Index: Double Dip Coming


Or worse…

Got another chart showing speed of vessels coming from China – they’ve been told to slow down to ‘wind speed’.

Does technical analysis of securities really apply to a shipping index?

[quote]SkyzykS wrote:
Does technical analysis of securities really apply to a shipping index?

[/quote]

Yes, in fact it is perfect. There is no speculation on the BDI, it simply measures shipping. The stimulus has worn off.