Russia has been a hot bed of geopolitical issues through out 2014. However, the Russian stock market has bounced by over 17% year to date(as measured by the RSX etf). Fundamentals Since Russia entered into a cease fire with Ukraine the sails have been in stock markets wind. Even with the major positive movement the Russian ETF, RSX is still at a 5 year low. The...
RSX closed above 10 week MA with good volume. RSI broke out and is above 30. Things need to improve: . break out of the trading range. . 10 week MA turning up. . MACD turning positive.
RSX- Expect opening at 17.85 for a Retest Gap. Learn this strategy for free at www.RealLifeTrading.com
Self-inflicting wounds provide the best opportunity when markets mirror an emotional response that diverges from the economic realities of a nation awash in resources. Patience is an investors best friend and when pull backs occur, we take notice and begin positioning ourselves to benefit from a shift in social mood or rather a saturation in news that provides a...
Ratio rejected again at 2,618 fib, printing an ominous weekly candle so far. As M. Armstrong reports, "more than 64billion$ of investing capital left the country during the first quarter of the year. Credit war is on, as Russia cancels bond sales for 7th time in in row, since couldn't find any buyers in the international markets, pressing interest rates to...