Putin, Geopolitics and the RTSRTS was getting hammered at -13% when I made this. Definitely going to be interesting to track. More blood to come, no pun intended.
Big Russian long is comingRussian equities look really good at the end of 2020 & 2021-2025! We take into account declining dxy and rising em currencies, sector rotation and increasing demand for commodities in china, with a favorable pace of capex L-shaped recovery in the energy sector... we also expect reduction of politica
Keep it as simple as possible...2 Clear Action Points....the area between these points seem to be neutral
RTSRTS Russian index last time show good result. Good result, it does not drop. because RTS drop of 2011
RTS. Russia is going to benefit from bottomed oil price.Looks like multi-year downside correction is over.
Target for wave C = 1259-1437 (1.272-1.618 of wave A).
buy Russia stocks ! bull flag + H&S weekly !!!so.....
the chart speaks for itself.
if England stays in europe (it will) a lot of stress will get out of EUR and GBP and other Currencies.
the Dollar will have a reason to go down (based on rates expectation to the lower). Dollar Index itself just build a massive monthly H&S.
Oil is Anti-Dollar.
R
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.