Russian stock market doubled - now signs of a TOP after election
Updated
News shows Putin's party probably won parliamentary elections in Russia
The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021).
The index put in a small bearish shooting star last week.
Confirmation would be if it broke the rising uptrend connecting lows of past few months
The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021).
The index put in a small bearish shooting star last week.
Confirmation would be if it broke the rising uptrend connecting lows of past few months
Trade closed: target reached
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
tradingwriters.substack.com/
Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.