Vaneck China Bond is slightly up on the day, it isn't making a very strong move but still up 0.21%. We'll see if it can keep moving up or not.
Currently CBON isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! Vaneck China Bond has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the ETF has grown 7.47 percent which isn't too bad. CBON might find some support at the 22.5 level, buyers might push the price back up from here. But it's not very clear what will happen.
