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konstantin.novik
Sep 9, 2012 8:15 AM

MICEX Index Weekly 

Description

Seems like it is ready for correction - divergence on volumes. If the divergence will continue, good levels to open short: 1615-1620 or RSI at an overbought area. Also It makes sense to try go short at breaking down the 50% between 1620 and 1270 (1445). Currently it is better not to increase long positions.
Comments
Zakharofication
Fully agree. My analysis of the MICEX shows that from now it can lose up to 20% and then appear divergence to turn for long.
Zakharofication
Agreed.
roman-levin
Agreed.
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