AndyM
Long

RTS is reiterating in an ending wedge

MOEX:RTSI   RTS Index
117 2 7
And there we go, yet another subdivision, more of an ending wedge in RTS             . 1040 can easily be reached. I would assume this will be the final leg up.
the only yhing, its a leading, not ending wedge
Reply
Hello, AndyM. Look that you are not very optimistic regarding Russian Market. Not agree with you in it, cause looking at charts of WTI I see that really interesting move in Oil could happen for several years (look at W chart). So, RTS will probably show us historical highs for a long time. Be carefully shorting it below 850-900. Seems to be really dangerous to do so. Anyway, mark setup is interesting, thank you for sharing it. Good luck in all of your trades. Huge profits to you.
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