Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Baltic Dry Index nears 200 day Moving Average

15 sec read


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Baltic Dry Index cracked as usual lost 3% more yesterday. But markets are looking fine
uncorrelated with the markets. Baltic Dry Index lost more than 50% from its high. But still
there is not significant correction in commodity markets. Moreover Baltic Dry Index is likely
to test the 200 day Support zone of 2200

Clearly, there is no rising demand for shipping services at this time. The export economies remain threatened

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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2 Replies to “Baltic Dry Index nears 200 day Moving Average”

  1. hello i m post nifty weekly chart that indicating hugh nagetive divergen from last up move can it ts a dengerous sign for nifty or now nifty in upward moving madness so it dosent matter to negative dirvergen. pls guide me. and wt u think about this chart and give your openion.

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