AndyM
Long

This is much worse than I thought

MOEX:USDRUB   USD/RUB FIXING RATE
997 4 14
Hi All, the correction in the markets has been long enough and it has now become a correction of one larger degree. This means that the subsequent moves will be of much larger magnitude than I had originally thought.

Specifically for the holders of Russian roubles - my only advice is that those of you who have any spare roubles in the pockets should convert them into dollars right now. This week. Period.
68,50 dose not look bad))
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well, long at around 68,50(200% fibo)
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Good evening, AndyM!
Thanks for your Ideas. Can I ask you - what the objective reason of changing your previous forecast about USDRUB? I thought just like you that we shall go to ~ 60-65 at wave C and than will go up with new 12345 impuls. And it is correllated with Brent chart. Just confused...
Thanks for your answer.
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AndyM PRO AlexVisi
There's a strong correlation with SPX, not just Crude. SPX has completed the sell-off in w1, now completing w2, and this will be followed by w3, 4, 5 which will be much more violent than w1. Expect a disaster in SPX, and an even bigger disaster in emerging markets.
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