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Amplify Commodity Trust Breakwave Dry Bulk Shipping ETFAmplify Commodity Trust Breakwave Dry Bulk Shipping ETFAmplify Commodity Trust Breakwave Dry Bulk Shipping ETF

Amplify Commodity Trust Breakwave Dry Bulk Shipping ETF

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BDRY trade ideas

BDRY Long Chinese People's Congress meetings start March 5th. On day 1, China will announce GDP Target for 2025 and any additional economic stimulus measures planned to spur economic growth. BDRY ETF specifically consists of FFA's which driven by Chinese Import demand for dry bulk commodities such as iron ore, coal, and grain. Expect import demand to grow significantly for dry bulk commodities following CPC announcement on March 5th. This also coincides with the post Chinese Lunar New Year which is a key seasonal bottom turning point in Chinese economic activity. A 100% gain in BDRY ETF is not unreasonable over the next 4-6 months as seasonal tailwinds occur into summer construction and harvest.
AMEX:BDRYLong
by speculativehydrocarbons
1
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
AMEX:BDRYLong
by Trend_Chasin
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
AMEX:BDRYLong
by RizeSenpai
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.
AMEX:BDRYLong
by Ceddy86
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.
AMEX:BDRYLong
by UnknownUnicorn1043646
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 .
AMEX:BDRYLong
by dorfmanmaster