MMH2027 trade ideas
Russian stock market doubled - now signs of a TOP after electionNews shows Putin's party probably won parliamentary elections in Russia
The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021).
The index put in a small bearish shooting star last week.
Confirmation would be if it broke the rising uptrend connecting lows of past few months
imoex possible reboundIt MAY rebound from yellow area. Will be looking for longs if conditions are right.
area for a POSSIBLE longlooking at this yellow area for a POSSIBLE long
it is the 2std of a vwap from previous low
Futures on MICEX Index: Technical pullback to DMA(200) is therePossible timeline is the end of Aug '20.
