AndyM

RTS may try to hit 1000 by next week

Long
MOEX:RTSI   RTS Index
No divergence at the prior high, zigzag-shaped waves suggest we are in an ending wedge with w5 missing. The 0.618-0.786 time band for w5 is next week, so I expect RTS to make one last push to the new highs before it reverses. SPX at the same time should either deliver a new high or make a very deep correction to the decline that we already have on hand.
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