Long

RSX lower trend broken

Updated
RSX has been in a relentless downtrend, but has now traded past a lower hi at 18. If OPEC meeting tomorrow is perceived as positive for OIL, RSX should be on the next leg up with 1st target at 21-22, and then at 25-27. Best.
Note
Steadily approaching 1st target.
Note
Reached first target. Booking profits on half and moving S/L to b/e. Looking for the $27-28 next target.
OilopecRSX

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