649bruno

ERUS: Emerging Markets - Russia As A Trade, Part 2 Of 2

Short
AMEX:ERUS   None
5
ERUS-Part 2 of 2.
Russia, as an emerging market, has been in a long standing DOWN-TREND.
I would not go long unless the trading channel is breached past the top line.
(Red Arrow on chart).
This would indicate a new trend reversing to the up-side.

Good luck to you. Don.

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.