Recent selling pressure has brought the Russian MICEX Index down to a confluence of chart support just above its prior all time highs. Back in…
Tagged $^RTS
Are Russian Stocks About To Cool Off?
Russia’s stock market has been on a nice run of late but is hitting potential resistance – from several angles. We’ve posted extensively about the…
This Emerging “Bear” Market Is Back At All-Time Highs
Russia’s MICEX Stock Index closed at an all-time high for the first time in 9 years. One of the dynamics that has allowed the global…
UPDATE: Russia Short-Term Bounce Done, Long-Term Bottom Still Possible Starting on May 13, we have been opining about a probable short-term, and possible long-term, bottom…
UPDATE: Russia RTS Index: Above Short-Term Target; Threatening Long-Term Trend Change
We last mentioned the Russian Stock Market on May 27. Back then, we noted that the RTS Index had reached the short-term target that we…