CLEAN TANKERS

For Week 8, the Clean Tanker Index tailed off from open to mid-week, and then recovered a little to finish off at 646. 
The 625 - 630 zone being our upper resistance idea, Week 8's action has tried to push through this level with a small amount of success...

HANDYSIZE

Still within our support zone of 525 - 550, the Handysize Index rose steadily through Week 8 to close at 534.

Having heaved itself away from our bearish area of concern at the 500 mark, the handies offered some hope of recovery into a comfort zone between our...

CLEAN TANKERS

For Week 7, the Clean Tanker Index continued to test our upper resistance ideas around 625 - 630. Finishing the week
at 638, any further push upwards through this zone could encounter resistance in the 740 - 750 area.

Over the past year the index has been r...

HANDYSIZE

Through Week 7, the Handysize Index continued to test our lower support ideas in the 525 - 550 zone by finishing off at 515. 

A push downwards through the 500 area would likely spell more gloominess for the handies, given our candlestick chart shows yet another...

HANDYSIZE

For Week 6, the Handysize Index continued to test our support ideas in the 525 - 550 range, closing well into that area at 526 for the week.

In what might be a 'tell' for this recent downturn, the RSI, as we mentioned for Week 5, is well into its low zone. A s...

CLEAN TANKERS

Taking an upward path for Week 6, the Clean Tanker Index refuted our pessimism and almost canceled out Week 5's downward turn. "Dark Cloud Cover" indeed.....  A relatively slow mid-week period was complemented by a 11-point boost on Monday and a 13-p...

There has been much written lately about the re-organising of the Baltic Dry Index make-up. The Handysize input, not considered by the powers-that-be to statistically affect the Baltic as a whole, is to be dropped and the weightings adjusted between the other three cla...

CLEAN TANKERS

The Clean Tanker Index for Week 5 closed at 606, slightly up from the 598 low. Having taken a small ride on the bungee cord over the past few weeks, the index may be trying to find some equilibrium. Finding itself in roughly a 540 to 740 range, the Clean...