KRBN tracks the global carbon allowances prices in Europe, the UK and the US which did really well in 2020-2021 albeit at high volatility. However, as we entered 2022 KRBN price started to decline then now recovering slowly. Somehow over the past year and till now in 2023, its holdings of cash and bonds have increased up to 85% of the total holdings. I...
KRBN - KraneShares Global Carbon Strategy ETF* Monthly, weekly, daily reclaim of RSI Monthly, weekly, daily breakout of Donchian channel trend following system.
Some basic Elliott Wave, and Retracement stuff. Very interested in your feedback. Might get long at 618 retracement. Not financial advice...
Carbon allowance price feel like a free trade trade to me. $KRBN They even say the price need to reach $147 per ton of CO2 to meet a 1.5°C "global warming limit". - kraneshares.com Some even say that Carbon credit are the ultimate uncorrelated asset...
This is not a long recommendation unless you are highly confident in your trading abilities and have the discipline to stop out and look for a better entry. For everyone else, waiting for a pullback to an area closer to the broader trend line is desirable. Always trade with an appropriate stop loss relative to your risk tolerance. This post is an idea, not...
carbon allow and emission futures ... a very bullish start