For whatever reason, Russia is not tied to oil price from the technical analysis point of view, could it be geopolitical issue at play? A Trump win in Nov could lift the sanction? I don't know.
Nonetheless, RSX is poised to run toward 21
VERY SPECULATIVE STOCK. short term a technical entry point. could potentially turn into a mid-long term bull.
luxury retail is a growing industry in China where more and more affluent client looking for upscale goods. Same category as VIPS
CLF seems to have found bottom at previous low where the uptrend started - $17. also a trend line connecting April 2010 peak and Oct 2011 bottom. A sizeable rebound is on its way. First resistant will be the upper trend line of this giant wedge.