Crude Oil - Baltic Dry Index Ratio
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.
______________________________________________________
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.
_______________________________________________________
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.
________________________________________________________
There is an opportunity for those with a strong stomach.
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.
______________________________________________________
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.
_______________________________________________________
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.
________________________________________________________
There is an opportunity for those with a strong stomach.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.