Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The ETF BDRY held its overall uptrend despite failing to break through the 30.75 resistance level on the previous two occasions. Support for BDRY is observed around the 23 price level. Expectations are for the ETF to break above 30.75 resistance on its 3rd attempt and rally towards 38.50. To...
BDRY has been trending nicely all year and looks like it is probably at a reasonable value area towards the bottom of its linear regression lines.
Could be worth a look.
DRY BULK SHIPPING is totally booming since January 2021 and may not be ended now.
This market seems not in the broader media focused, but see yourself this chart. Crazy nobody talks about!
See on etfdb.com
Much Fund flow inwards since May... This may be future investements we should take care of.
Model has given entry signals for Dry Bulk Shipping:
- The investment seeks to provide investors with exposure to the daily change in the price of dry bulk freight futures.
- We expect a boom in the shipping and freight sector with the pandemic backlog, and nations increasing their industrial production to meet new initiatives.
- We are very excited about...
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. It measures changes in the cost of transporting various raw materials, such as coal and steel. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
BDRY is an ETF that trades on the Baltic...
NYSE Arca
