Baltic Index to Rise Over Next 3 Months

The Economic Times - - Commodities Plus -

Baltic dry index is ex­pected to rise into a range of 678-868 over the next three months, as a down­trend from the Dec 12, 2013 high of 2,337 has com­pleted. The down­trend has adopted a cor­rec­tive wave mode, with the fi­nal wave la­belled c con­sist­ing of five smaller waves.

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