The "Head and shoulders" model is the most common reversal model.
The main prerequisite for the formation of a reversal model is the presence of an active trend: from 10.10.22 to 14.11.22, the Index was in an uptrend. The trend line has 3 confirmation points A, B, C. It is important to note that each of these points forms support levels.
After breaking the ABC...
Analogue between Russia Market Crash and US major index SP500 since the low of the Covid Crash. For most of the time both markets tracked well. In the last leg to the ATH however, Russia diverged to the downside while US markets held up for another 83 Days. Analog suggests that market participants may not be expecting continuation of crash leg. "This couldn't...
world isolation is biting hard on their economy as their balance sheet will shrink to imminent default. Sustaining the balance of war and healthy economic growth is impossible under current conditions.
The chart shows Analogue between 1929 market Crash and the Russia 2022 Market Crash. The similarity of pattern is quite remarkable. Analogue suggest market is in at or near a bottom and is heading into a rally. That rally if it follows the 1929 script will be corrective and lead to devastating protracted bear market for several years.
Finally, a potentially turning point is on the cards. Since last week of April the Russian market has found some solace.
Although there’s a big chance of a new wave of turbulence, I believe that May is going to be a-near-bottom month. Will see.
Important restrictions as Moscow's Exchange reopens 4 hours a day:
- Short-selling banned
- Selling of shares banned for foreign investors
- Only 33 stocks available for trading
After being halted for 1 month, the Russian market reopens with important restrictions. Also, many institutional brokers from the EU and other NATO countries banned trading on Russian...
The Russian stock exchange MOEX has been impacted by sanctions and war conditions in Ukraine. There is a clear mirroring in the price of BTC and the Russian exchange.
NEW - Russia to accept #Bitcoin as payment for energy exports, says Pavel Zavalny, Chairman of the Energy Committee.
Short-selling on stocks are banned.
Foreign investors can`t sell stocks or OFZ ruble bonds until April 1.
i think that is the reason why it went up +4.37% today.
The index is now $2578 while in the Covid lockdown it went to $2080. And the world was at peace back then.
I don`t see how the price of the index wouldn`t touch the $2080 level again.
In fact, if the...
... on Ukraine you should consider whether he is still in his right mind.
I used to love Russians because I had many Russian friends myself. I can't talk to them anymore. It's over. I feel only hatred, no forgiveness, nobody can tell me they can't help it and the "normal" people are not to blame, it's just an evil Putin. It was the "normal" Russians who have...
In modern popular culture, 666 has become one of the most widely recognized symbols for the Antichrist or, alternatively, the devil. The number 666 is purportedly used to invoke Satan.
Putin Kill Ukrain People
Putin Is a Devil.
Putin Kill Russian Investors.
technically: MOEX fall sharply down to 666 after a pullback from the trend line.