InvestingScope
Long

RTSI: Confirmed long term bullish break out.

MOEX:RTSI   RTS Index
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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