JFD_Research

Russia Trading System Index - Daily - Bounce or break?

MOEX:RTSI   RTS Index
Trade Alert.

This could be an interesting trade. Either a break or bounce.
If the support line will start to break, then there is a chance to see this index moving a bit lower, towards the test of the downwards moving trendline from above.
Alternatively, a strong bounce could mean that we could wipe out the recent highs at around 1205 and move higher.

Don't forget your stops.
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