The Moscow Exchange (MOEX) is about to test today the 192.50 All Time High (ATH) made on May 10 2021. It was a similar Higher Lows rally that led to the ATH as this year's dashed Higher Lows Support. The current bullish leg has completed +80% since the last Higher Low, similar to the February 27 High (+79%). Ahead of a 1D Golden Cross, this strong Resistance...
Record new account openings on MoscowExchange during 2023, has played its role in almost 90% stock advance since the year start.
The stock and volume dynamics show strong uptrend with good signs of accumulation on a weekly chart.
My chart analysis shows, that price has reached an important resistance zone of its strongest uptrend wave 3 at around 182 area...
MOEX might show weakness in the near future after Wagner invasion attempt as trust for the Russian government is damaged globally and locally.
Mid level of this channel might be the first target.
MA 12 crossing MA 21 will enhanced our opinion.
Not a financial advice
Moex is in completion of wave 3 of (C) of circle B, expect to see pb in wave 4 to 100-110 zone. Further upside might be sensible to expect unless it breaks 90 level. Wave 5 target is 135-140.
Russia Stock Market
Russian Stocks End Week 8% Lower
Technically speaking Russian stock has being in a down trend since the war as it continues to form lower highs and lower lows.
The MOEX Russian Index closed 1.7% down at 2,232 on Friday, extending the weekly loss to 8%, pressured by financial stocks as investors continue to monitor moves by the Central Bank...
This is an event based chart for context on the current Ukraine/Russia war. Crimea was certainly different but the comparison could be valuable. What I can gleen from this is markets bottomed when bilateral talks began. Whether Russia defaults or not remains to be seen (bond payment is due Mid March)
hi fellow traders,
since very long time that such a simple theme popped on my radar and it is so easy to lay down the reasoning.
all is based on a single geo-political fact, war world 3 to happen or not, if happens I assume that all stock markets will free fall, crash, and get demolished. including MOEX.
if world war 3 will not start, we have the MOEX as...
We may have a good and simple long-term investment on our hands, for those who are able to trade overseas.
A sharp sell-off has provided a new lower low, followed by a very swift bounce.
Watch for further consolidation before jumping in long-term.
Noted are support and resistance levels, with swing-term trade action.
Yes, the situation is lousy, but it provides an opportunity to make money - to buy shares of the Moscow stock exchange at a huge discount. Also interesting is the correlation between the index.
I am a realist, but now I am sure that the situation with the war will be resolved quickly enough and the market will return its capital capacity, so like this.
The...
''In Guernica Lyrics
In Guernica the dead children were layed out in order on the sidewalk
In their white starched dresses
In their pitiful white dresses
On their foreheads and breasts the little round holes where death came in as thunder while they were playing their important summer games
Do not weep for them, Madre
They are gone forever, the little...
I am gonna hunt for the comeback to catch some wrong positioned traders for the downside. Stop loss is tight, the move in case it occurs should be fast and furious, just sit and wait.
Long and short MOEX *High risk
Activation of the transaction only when the blue zone is fixed/broken.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the...
Long and short MOEX
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
Long and short MOEX
Activation of the transaction only when the blue zone is fixed/broken.
Working out the support and resistance levels of the consolidation triangle, the risk of a long scenario at the level of the previous high 169.
* Possible closing of the transaction before reaching the take/stop zone.
The "forecast" tool is used for more noticeable...
#MOEX price is climbing higher together with its global peers (LSE made +9% yesterday).
Targets of 167 and 171 are yet to be reached.
But it's getting increasingly overheated with daily RSI at 77.40 and 4h RSI at 91.50
The stock might need at least a short break.
First let's take a long term view, MOEX on Monthly chart has made a huge 4 year cup after a great 4 year run:
We are currently breaking out of the cup formation, long-term this is bullish.
Now let's zoom into daily chart:
* Early Oct, I thought MOEX was breaking out of a ascending triangle , but it was a fake out and nose dived ramping through 50MA.
*...
