BDRY with 20 and 50 day EMA as well as CCI. Looking for pullback within uptrend post Wyckoff breakout (Wyckoff represented by horizontal line) then springboard up.
BDRY with demark 9's and 20 and 50 day EMA as well as CCI. Looking for pullback within uptrend post Wyckoff breakout (Wyckoff represented by horizontal line).
Looking at the weekly chart on BDRY we can see that we shifted bullish in 2021 and have been pulling back since, on decreasing volume. We tapped into Weekly Demand and held a Higher Low, putting in a re-accumulation schematic at the zone. Last parabolic move to new highs took around a year. Looking for new highs as long as the major swing low from 2020 is held. I...
BDRY the Dry Bulk Shipping ETF, which is tied to the Freight Rate Futures Contracts of the Various Ship Sizes, is now looking to rise again as both the Import and Export prices continue to rise, especially within the Natural Gas and Fuel category.
We have Confirmed Bullish Divergence on the RSI, MACD, and PPO; all while the PPO has begun to give us a Bullish...
Long AMEX:BDRY .
Looks like a zigzag of wave 2 is completed. Could go to at least 12USD if it goes through. A forceful wave 3 is coming if true.
The RSI stopped at 40 on the daily chart which means it is still in bullish territory. Buying half now and half on the confirmation
The fund seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the Benchmark Portfolio. The Benchmark Portfolio includes a combination of Capesize, Panamax and Supramax Freight Futures.
Buy one get one free, seriously looking cheap at the moment. It might still go lower short term but looks very cheap and a interesting price for a long term play.
The fund seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the Benchmark Portfolio. The Benchmark Portfolio includes a combination of Capesize, Panamax and Supramax Freight Futures.
Dry Bulk ETF is looking weak but looks like forming a bottom, anything could happen for now, but it is worth looking closely in case the bottom is forming more clearly.
The fund seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the Benchmark Portfolio. The Benchmark Portfolio includes a combination of Capesize, Panamax and Supramax Freight Futures.
I'll buy at cheaper prices.
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...
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...
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.
