Hello, imoex russian index view & analysis index if sustains above 2,770 next target will be 3,260 & above 3,950. Index is looking bullish in 1D chart (targets identified from harmonic xabcd/abcd pattern levels 2.24/1.131) index will be bearish below 2,370. MOEX:IMOEX
Russia is the first market to call out its bottom and I can say that I will be the first person to say that RUSSIA has made its bottom with retracement till 38% levels from rising trend from 2073 till high of 4293 and retracing back till 2910 just above support levels of 2905 and 39% retracement at 2920
VOID with weekly closing below 2900
NOTE - consult your...