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InvestingScope

RTSI: Confirmed long term bullish break out.

Long
RTS Index (MOEX:RTSI)  
InvestingScope  
MOEX:RTSI   RTS Index
Trend Analysis Chart Patterns Technical Indicators RTSI russianindex russianmarket ruble Stocks europeanstocks
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trendanalysis chartpattern indicator rtsi russianindex russianmarket ruble stocks europeanstocks
The Russian stock market has crossed above its long term (since 2008) long term bearish pattern this March and is currently aiming at the 1,340 1W Resistance. There is potential that the former Lower High trend line will turn into support now. Our long term target on this market is 1,500.








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