Episode 12 — The Complete Market Cycle# 🎬 The Chronicles of Mr. Nobody
## Season I — The History of the Elliott Wave Principle
### Episode 12 — The Complete Market Cycle
⏱️ **Reading Time: 3 minutes**
In the previous episode, we explored how a motive wave can appear more complex than a simple five-wave pattern. We learned that under
Compare with CoreShares Brent Oil ETC
Key stats
Fund info
Home page
Inception date
Nov 8, 2023
Structure
Special Purpose Vehicle
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd. (ET Issuer)
ISIN
XS2691037282
FIGI
BBG01JZYMRG3
Identifiers
ISIN XS2691037282
The objective of the LS Brent Oil ETC is to reflect changes in the price of Brent Crude Oil by tracking the LS Brent Crude Strategy (the 'Investment Strategy'), which is designed to provide total return exposure to the performance of Brent Crude Oil Futures (the Reference Asset), minus a fee.
Classification
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash49.77%
Futures49.72%
ETF0.51%
Top 10 holdings
DRM3 — 1H | REVERSAL BREAKOUT SETUPDRM3 is starting to look interesting after an absolutely savage reset from the June highs.
The ETP ran as high as **$24.10** before sellers took complete control. Since then, the tape has been a textbook sequence of **lower highs + lower lows**, with every relief rally getting sold and price eventu
#3NVD Leveraged 3x Long with Nvidia Corporation StocksAll the World chipmakers are on the rush this night, due to Nvidia ( NASDAQ:NVDA ) Q1'23 Earnings Report.
LSE:3NVD is the Leverage Shares 3x Nvidia ETP Securities that seeks to track the iSTOXX Leveraged 3x Nvidia Index, which is designed to provide 3x the daily return of Nvidia stock, adjus
Amazon 3x Shares, Long OpportunityHi Traders, I hope you're all killing it in the markets, I'm looking at a potential long opportunity here on AMZ3. I am looking to capitalise on a what I believe to be a probable support area at the 1.5 significant number. This not purely a TA based trade, I have looked at Amazon from a fundamental
-3x Short ARKK ETP -> Santa Claus RallyGet on the sled of Santa Claus for your end of year rally. Take a look at Cathie Wood her picks in the ARKK ETF one more time and decide for yourself.
SARK has made some gains the past weeks, but now it's time to leverage this baby.
Buy in: 6.4 - 6.7
Target: 10.00
Stop-loss: 5.5
Not financial
I wish this fund would be made available on a US exchange.AAP3 is an absolutely wonderful investment opportunity. I just can't get in on it because I live in the US. Hopefully, this fund will be expanded to the US market. Those who live in the UK have a marvelous chance to make some very serious gains.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BRNL trades at 2,574 GBX today, its price has risen 2.04% in the past 24 hours. Track more dynamics on BRNL price chart.
BRNL net asset value is 26.25 today — it's risen 11.27% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BRNL assets under management is 3.76 M GBX. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BRNL price has risen by 11.18% over the last month, and its yearly performance shows a 132.42% increase. See more dynamics on BRNL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.27% over the last month, showed a 34.64% increase in three-month performance and has increased by 134.75% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.27% over the last month, showed a 34.64% increase in three-month performance and has increased by 134.75% in a year.
BRNL fund flows account for 136.52 M GBX (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BRNL invests in cash. See more details in our Profile section.
BRNL expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BRNL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BRNL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BRNL shows the strong buy signal. See more of BRNL technicals for a more comprehensive analysis.
Today, BRNL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BRNL shows the strong buy signal. See more of BRNL technicals for a more comprehensive analysis.
No, BRNL doesn't pay dividends to its holders.
BRNL trades at a premium (1.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BRNL shares are issued by Leverage Shares LLC
BRNL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 8, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.








