The scariest chart I have ever published

RTS IndexMOEX

Description

⋅ Jan 25, 2020 7:47 AM

While seeing the top in SPX500 in coming years, I looked into RTSI (Russian Index). What I saw sent shivers up my spine. I do not know what will happen in 2024-2030, but this certainly does not look good.

Elliott Wave danger

Comments

ARGOS1

⋅ Jan 25, 2020 11:41 PM

I would assume heavy oil/energy dependence on this index