RTS IndexLong
1050 should be reached before the crash resumes
A new minor high is due in the next couple of weeks. The Russian market will be lifted by the last bullish wave worldwide. Then the downtrend will resume.
7 months to form 1-2-1-2, means at least another 7 months to hit the low. It's not about Russia: the crash will be a worldwide affair. It will be destructive, will take its time to make the markets suffer, and the recovery won't be easy. The entire 2023 will be just bad across the globe.
7 months to form 1-2-1-2, means at least another 7 months to hit the low. It's not about Russia: the crash will be a worldwide affair. It will be destructive, will take its time to make the markets suffer, and the recovery won't be easy. The entire 2023 will be just bad across the globe.
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