Singapore Stock Technical Chart Analysis
Friday, May 22, 2009
BDI might test 200-day EMA
Based on current trajectory, good chance the Baltic Dry Index might test its 200-day EMA soon. This development could lead to positive sentiment spilling over to STX PO, Courage Marine and Mercator Line.
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BDI
Dry Bulk Shipping - Bi-weekly: BDI correction, near-term rebound
Dry Bulk Shipping - A summer lull?
Dry Bulk Shipping - On the doorstep of a correction?
Baltic Dry Index - expected correction in June / July
An explaination the movements in the Baltic Dry Index (BDI)
BDI's first decline after a long sharp rally since end-April. Short-term investors should lock in gains
BDI will likely reverse on lower iron ore imports and easing port congestion
Dry bulk shipping stocks are not good proxies to China's rising commodity demand
BDI rose 49 points after falling 3 consecutive days
Bulk declines ahead
The Baltic Dry Index (BDI) continues to rally.
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