TLTrader
Long

RSX lower trend broken

AMEX:RSX   VANECK VECTORS RUSSIA ETF
36 1 6
RSX             has been in a relentless downtrend, but has now traded past a lower hi at 18. If OPEC meeting tomorrow is perceived as positive for $OIL, RSX             should be on the next leg up with 1st target at 21-22, and then at 25-27. Best.
Comment: Steadily approaching 1st target.
Comment: Reached first target. Booking profits on half and moving S/L to b/e. Looking for the $27-28 next target.
Hi, do you see a correction coming soon? at what position do you plan to buy back?
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