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HK_L61
17 Jan 2022 pukul 20.04

Crude Oil - Baltic Dry Index Ratio 

CL1!/BDINYMEX

Deskripsi

The Chart is extreme Price Ratio behavior within
the WTIC to BDI Ratio.

Extreme is relative to TIME, as the ROC is quite robust.

And yet it remains at a mere fraction of its prior high @ 1.232.

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Price is going to make a very large move in Crude Oil @ minimum
$10 and perhaps far more.

Recently we have seen this Ratio indicate the Sell at an extreme.

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The UAE Droeb attack news on a Holiday did very little to move
Price.

However, events such as attacks upon Oil Fields tend towards moving
Price up $10 in hours as it did last time.

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There is an opportunity for those with a strong stomach.


Komentar
reotaibi
Hi, can give insight on the BDI index
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