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Wednesday, March 2, 2011

BDI Baltic Dry Index Weekly Chart

BDI Baltic Dry Index rolling over for the last year. Sideways symmetrical triangle look to it, the index is not tipping its hand which means more sideways ahead. A move to 2000 would be in order to test the 20 MA area but the chart should move sideways overall for the considerable future. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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