BDRYPublished Chart for those that do not have a paid Tradingview plan. The indicators on this chart do not update but the price does.
Key stats
About Amplify Commodity Trust Breakwave Dry Bulk Shipping ETF
Expense ratio
3.50%
Home page
Inception date
Mar 22, 2018
BDRY is the first ETP to provide exposure to freight futures. Dry bulk shipping is an instrumental part of the global commodity market, and uncorrelated with other major asset classes historically. Dry bulk carrier transport unpackaged dry cargo, such as iron ore, coal, and grain - distinct from tankers and containerized cargo ships. BDRY provides exposure to the charter rate for dry bulk shipping by holding near-dated freight futures contracts on three dry bulk indices. The portfolio uses a fixed weighting scheme, rebalanced annually, based on the cargo ships size category - Capesize freight futures contracts get 50% weight, Panamax contracts 40%, and Supramax contracts 10%. As futures are always an imperfect proxy for spot prices, and the freight futures market is often in contango, long-term holdings are subject to position decay. BDRY is structured as a commodities pool, so expect a K-1 at tax time and long-term holders will be taxed on any gains even without selling shares.
Classification
What's in the fund
Exposure type
Mutual fund
Cash
Bonds, Cash & Other100.00%
Mutual fund58.80%
Cash41.20%
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
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, MA
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.
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Displays a symbol's price movements over previous years to identify recurring trends.