MOEX reopens after 1 month haltedImportant restrictions as Moscow's Exchange reopens 4 hours a day:
- Short-selling banned
- Selling of shares banned for foreign investors
- Only 33 stocks available for trading
After being halted for 1 month, the Russian market reopens with important restrictions. Also, many institutional brokers from the EU and other NATO countries banned trading on Russian assets. From the technical analysis perspective, it's impossible to assess accurate price movement with so many restrictions and market manipulation by the Russian Federal Bank that is trying to avoid a market crash. So far, the measures have been successful and the aim is to keep holding the market until this crisis is resolved. The downtrend though, it's still there with an important resistance line, even with short-selling banned and other restrictions, Russian investors could panic and sell at market. This is absolutely historic.
