bALTIC dRY iNDEX has shown NO improvement. Already breaking below the uptrend line formed from 2002 lows, nobody bringing up the weakness in world shipments.
Read down to figure B for explantion of BDI....."the BDI is a GOOD leading indicator of economic growth and production..." "the BDI is totally devoid of speculative content.."
Russell doesn't mention it, EWT or any top newsletter I know of, but I DO!
D
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