Long

Long Russia

Updated
Definitely a complicated political play but from a TA perspective the Russian economy has broke a long downtrend. Assuming nothing crazy happens politically, I think this trade presents an attractive risk/reward.
Trade active
Watch trend here. Some venting likely in the short term. Maintain stop above entry--lock in profits.
Trade active
Have a good cushion now but still watching this trade. Never hurts to take some profits.
ETFTrend Analysis

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