This is much worse than I thought

MOEX:USDRUB   U.S. Dollar / Russian Ruble
998 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))
well, long at around 68,50(200% fibo)
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.
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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