RI1! trade ideas
RTS UpdateThere might be a third wave ahead. Diagonal is not perfect but the wave relationships and overall look and feel are ok.
RIM1 Bullish pattern to +3,5 TPBuy at 144500 level to gain 3,5% next week. Oil prices -8,5% yesterday will rebound and sanctions about US-RU will be no relevant more.
RTS Index BullishRTSI next global targets 171.170 and 261.010, summer 2021.
Long on retest of 155.440. Wait for price push at 15th March.
RTSI UpdateAll right. Seems like there will be no selloff today. The market is hinting that it will take a day or two.
RTS UpdateCannot label out the very first subwaves down. I am basing my judgement on the broken diagonal and overall feeling that the top is in.
RTS Updated Count Since wave 3 cannot be the shortest, wave 5 is going to be small. That nicely fits analysis of SP500 and Nasdaq with ending contracting diagonals that do not have much room to advance.
