BDRYPublished Chart for those that do not have a paid Tradingview plan. The indicators on this chart do not update but the price does.
BDRY trade ideas
BDRYBDRY 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.
BDRYBDRY 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).
BDRYChart to monitor BDRY. Looking for minor exhaustion signals at 20 or 50 day EMAs after Wyckoff breakout
Long idea on BDRY. Swing Low held, WyckoffLooking 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 am not even close to being super knowledgeable about elliot wave but on this TF, this would be wave 3 of the macro trend, so I dont see it unreasonable in any way to think we will make new highs. Good luck everyone. Hope you all had an excellent holiday weekend
Dry Bulk Shipping ETF to Rise as Export/Import Prices IncreaseBDRY 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 Confirmation at the HOP level of this Bullish Deep Gartley on the Weekly Timeframe. As a result, I will now be expecting to see the market price of this ETF go up at an extreme rate as the Shipping, Freights, and Carrying Costs begin to rise.
I will be looking at individual Dry Bulk Shipping and other International Goods Transportation stocks such as ADM, GASS, and DLNG
Long
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
BDRY | Loading Time Again | LONGThe 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 on salesBuy 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.
BDRY | Tme to Load Again | LONGThe 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 ETFDry 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.
BDRY | Golden Pocket Rejection | SHORTThe 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.
BDRY Expected to Rally Towards 38.50Trend 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 negate this view BDRY needs to decline towards the 22.75 price level.
Technical Indicators
BDRY is currently above its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. The moving averages are trending higher as the short term MA is trading above the medium term MA and the medium term MA is trading above the long term MA. Also there has been a positive crossover on the short and medium term MAs. BDRY’s RSI is above the 50 level and there has been a positive crossover on the KST.
Recommendation
The recommendation will be to go long at market, with a stop loss at 22.75 and a target of 38.50. This produces a risk/reward ratio of 1.46.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
Macro - BDRYModel 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 opportunities in the commodities and shipping sectors, as we believe a macro turn is approaching in the nearest future.
- Technically has broken out of a channel, retested the support possibly finding a new channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
BDRY Shipping ETF Keeps Riding The WavesBDRY 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.
Watch this ETF performance! 400% ETF since January!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.
ETF Manager Group: Time to watch: USA 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
Baltic dry index ETFWeekly chart. nice set up here. A break over 10 could see a big push higher. Holding some Jan 2020 calls $STNG $TNK $SALT $SHIP
tracking the Baltic Dry Index 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 Capesize Time Charter-Base Ticker for each sequential month.
To check out a chart of the Baltic Dry Index, I suggest using StockCharts.com to look up $BDI .
World trade based on Baltic Dry Index and Dow theory...World trade based on Baltic Dry Index and Dow theory...
