Archive for September 18th, 2010

Baltic Dry Index Holds Near Middle of Recent Trading Range

Baltic Dry Index Holds Near Middle of Recent Trading Range

| September 18, 2010

The Baltic Dry Index (BDI) rebounded sharply in August following the uptrend breakdown in June, but it has now struggled in the 2,800 area for the past month. A subsequent breakout above the recent high at 3,000 would forecast a return to long-term highs near 4,000 and support a continuation of the consolidation pattern experienced [...]

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Gold Closes at New All-time Weekly High

Gold Closes at New All-time Weekly High

| September 18, 2010

Last week, gold broke out to a new all-time closing high, and on Friday it closed at a new all-time weekly high as well. Now that gold has experienced long-term breakouts across daily and weekly time frames, the next bullish technical objectives would be breakout confirmations via closes at least 2.5% above the previous long-term [...]

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Intermediate-term Forecast for September 18, 2010

Intermediate-term Forecast for September 18, 2010

| September 18, 2010

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