Get started
RTS IndexRTS IndexRTS Index

RTS Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components

RTSI trade ideas

1050 should be reached before the crash resumesA new minor high is due in the next couple of weeks. The Russian market will be lifted by the last bullish wave worldwide. Then the downtrend will resume. 7 months to form 1-2-1-2, means at least another 7 months to hit the low. It's not about Russia: the crash will be a worldwide affair. It will be destructive, will take its time to make the markets suffer, and the recovery won't be easy. The entire 2023 will be just bad across the globe.
RUS:RTSILong
by AndyM
2
Russia - RTS$ Index - Does this suggest War will go end? Does this suggest War will go end? A multi-year triangle gives us a clue. Triangles are one of the most recognizable patterns in the Elliott Wave Principle. As with all wave patterns, they occur at every time scale and the large-degree triangles are especially interesting because they often contain a notable socionomic element. Large-degree triangles in rallies are bear markets. Sideways movement in nominal terms means that, with consumer price inflation generally positive, in real terms, market value is being lost. Large-degree triangles during stock market rallies are manifestations of a negative social mood. It’s not surprising, therefore, that the ends of triangles often correspond with a news event of a social action that has been driven by this negative mood.  The chart above shows the Russian Trading System Index. This is a free-float capitalization-weighted index of 50 Russian stocks traded on the Moscow Exchange, calculated in U.S. dollars. As such, it takes into account the performance of the Russian ruble as well as the stock market. Since 2008, the index appears to have traced out a multi-year triangle, with the final wave ((E)) down now in operation. Notice that it was towards the end of the decline in wave ((C)) of the triangle that Russia made its first incursion into Ukraine in August 2014, escalating it further in November of that year. Fast forward to 2022, and with over 190,000 Russian troops in on Ukraine, another incursion happened. Nevertheless, Russian President Putin states that he has no intention to invade other European countries. Given the Elliott wave pattern, and what appears to be the waxing anger of the final wave lower in social mood, we take those statements with a bucket-full of salt. This sociometer is anticipating that a dramatic social action it's coming to an end?
RUS:RTSILong
by ferGOD
2
RTSI UpdateMy interpretation is that the Russian Stock market has restarted its descend to new lows. Lots of people feel relieved and optimistic today argueing that the market will continue going up despite geopolitics. I looked at the recent advance (propelled by abrupt ruble strengthening) as a bounce. As technically the count has not been completed and there was no divergence on RSI. If some form of embargo is a trigger the market can take a deep dive and stay at lower levels for a while.
RUS:RTSI
by Fomenka
Every instrument is assuming a pre-crash positionMonday is likely the last day before the crash resumes. Nothing major ever happens on Thu and Fri that follow the FED meeting, but the week after can easily delivery something funny. The Chinese NY is slowing things down as well, so maybe one more week of idle. RTS needs to make one minor swing high, ~1450. Then a downside of 1000 points is due. The correction in VIX is extremely mature: the stars continue to align for a never-seen-before market event. The unwind of the 50-year long carry trade in the Dollar (short the Dollar, buy Bonds and Stocks) will reach its apogee. The 2022 will surely make it into history books.
RUS:RTSIShort
by AndyM
6
Geopolitics and Russia. Good opportunity to make some money?I usually try to avoid emerging markets, but this chart caught my attention. The last few months have been very difficult for the Russian market, and the news basically only helped to fall even further. However, I think that in 5-7 months or so, there is potential for pullback up to 1700-1900 (if no new sanctions are introduced). On the chart, we see an ascending channel with potential support at 1400-1500 (as well as the downtrend that has been going on since December). So I advise you to trade as carefully as possible, because it's not yet clear what trend will continue. The idea itself is risky, but I think the risk-to-profit is good enough to make a trade. I will buy futures on the RTS index, so the targets will be for RTS INDEX FUTURES (ticker: RI). Buy @ 145000-150000, TP 170500-190000, SL 140500.
RUS:RTSILong
by Heist_FlyZ