* Sberbank of Russia (ordinary shares) trades below Weekly SMA(200) almost 1st time in past 5YRS. * 95% of 10YR Trades Volume is near 110 or below. * 99% of all-time Trades Volume is near 110 or below. * Looking for further 35% decline.
Large triangle could emerge to shape a huge consolidation. Last wave E down is in progress. The trick is that it could be over already as last wave within a triangle could be short. On the other hand it could retest the downside support to complete the pattern in the 650-700 area. This option coincide with my idea that oil and ruble will drop one more time. After...
Time price levels based on GANN square of 9 Note: if 20xii19 will be local extremum high then alt count of price levels will be used: up 1304,1327,1369,1430,1512,1613 DN 1295,1272,1230,1169,1087 not marked
Dear friends, I have long wanted to make an analysis GEO. TRITCH HARDWARE Co. Periods When To Make Money DJi & Rtsi.
WE BUY RTS FROM 1280 WITH A PURPOSE OF 1400, $ 120 FOR A LOT. BY OCTOBER 16-23 WE EXPECT THE ENTRANCE PRICE, RSI WILL ALWAYS BE CLOSE BY 30, WHICH INCREASES THE PROBABILITY OF THE Bounce And INDEX GROWTH.
Russian Trade System Index Autumn Equinox Winter Solstice 19 analysis based on Gann square of 9 Too many time levls. Just interesting how it works.
Bearish divergence. EFI, MACD. 10% possibility to rise up to 140000. First targer ~130000. Second ~125000
The Russian stock market has crossed above its long term (since 2008) long term bearish pattern this March and is currently aiming at the 1,340 1W Resistance. There is potential that the former Lower High trend line will turn into support now. Our long term target on this market is 1,500. ** If you like our free content follow our profile...
I expect a decline in the RTS index
There will be no miracle. Less revenues from falling oil market will drag the index lower as it should be around 800 already and could hit 530 when the oil would retest a multi-year low. The correlation index for the past 12 months shows negative correlation but it is a temporary situation as on the longer periods (20+ months) it is positive. This will change...
With the announcement of the new and stronger sanctions against the russian industry and products the index RTS crashed and fell out of the older but positive trend channel. Cause it has been an overreaction and so the recover started soon. The index rised back into the trend channel but stayed near to the lower limit. Since this time it swung around the lower...
Form a triangle dictates the price to go down - to finish wave (e), followed by a rise. However, it can turn out that the wave (c) of ((d)) will stretch and leave the upper edge of the triangle. Also, under certain circumstances, it may be impulse wave. But I consider this option as an alternative.
Play for retest 1055 Orders: BUY 995.40 SL 982.90 TP 1054.70