Russian stock market predictions

Essendy

Rejecting 4 hr supply. Trying some KOLD here for a move back to that daily demand zone.

Njusick

This scenario is under the assumption that we keep downtrend in natural gas irresistible manner. There is also the alternative with breaking up to 8, but in downtrends we always expect breaking up and mostly always going down and down. On normal scale we broke a little trend line, on logarithmic - not.

LyncisTrade

Expect to go up a little bit more to form double top Bear Delta divergence... Price goes up while momentum is going down...indicator for a reversal Gap to be filled down bellow and lows to be taken

Njusick

And after reaching 21.15 level, then possible downtrend to 17.48 and 16.83. There is a possible butterfly pattern here, like before on this chat, i added dotted shape of previous movement.

Fomenka Updated 

Seems like RTS will continue its ascend today. All termination patterns are broken.

Fomenka

I am tired of numerous counts but that's life... USDRUB keeps wavering in a way that allows interpretation in both ways (e.g. red).. Focus. The price is above strong support provided by level and moving averages.

Fomenka

I may be worng here, but I have a feeling that this is it, the move is completed.

Fomenka

A smaller timeframe update on RTS index. What seemed to be an ending diagonal transformed into classic waves.

Njusick

There are 2 variants both lead to very low values. But one of them lets ~30% grows first.

mhamad97

the last 2 time that oil was crashed i showed you on the chart so i ask , what about this year??

Omar0khascnadar0

89% the market will make pullback on level 5000, I recommend selling the stock to a level 2000 , and let's see what's will happens

Fomenka

Previous counts have to be recycled. I am not that confident anymore as wave b can keep extending but considering what is happening in USDRUB, the end might be near.

Fomenka

It is pain in the neck. I tried zillions of counts and have to condsider a more radical view at this point. Expanded diagonal pointed upwards.

Fomenka

Allright, a very thorough wave counting here. Let's see if the count stands tomorrow morning on the opening bell.

Fomenka

USDRUB seems to be in a corrective pattern as I cannot label what has happned so far as impulse wave up.

Fomenka

Seems like the the preious case with a more pronounced correction after triangle in grey has just been ruled out and we are back to the bullish case with a creeping wave 1 as another leading diagonal in a row. Alternatively the grey triangle may still play out, however looking at RTS developments it is unlikely.

Fomenka

It is emerging that we might still be in a triangle.

aminegood7

we have 2 ways if close above the resistance 7.23 will go heigher if we get rejection in that area we will have a big move into down and we look for short