Russia ETF RSX Daily Rally Appears to be Completed ABC Flat
To all of my followers - you may not see me publish many Elliott Wave formations, but this one is far too good and far too low of a risk NOT TO publish it.
Take a look at this pattern and you will see what looks like an IDEAL, PERFECT and LOW RISK trade to sell short Russia here.
The rally is a nearly perfect example of a corrective A-B-C flat rally that corrects the impulsive decline into the lows in February.
Finding a pattern like this is exciting and I hope we can all profit from it.
Tim 10:17AM EST 5/15/2014 RSX 24.18-0.35 (-1.43%)
Take a look at this pattern and you will see what looks like an IDEAL, PERFECT and LOW RISK trade to sell short Russia here.
The rally is a nearly perfect example of a corrective A-B-C flat rally that corrects the impulsive decline into the lows in February.
Finding a pattern like this is exciting and I hope we can all profit from it.
Tim 10:17AM EST 5/15/2014 RSX 24.18-0.35 (-1.43%)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.