Russia Index

Russian stock market - next aim 2000?

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According to the Elliot waves account Russian stock market (MOEX) has finished the wave (b) inside of 4th wave (abc) and going on to (c) right now. If this is correct, it means about 38% correction (from 3200 to 2000). Interestingly enough, this corresponds to the American stock market (SP500) that has started its descend already a while ago and looks bearish right now. The hero of 'Big Short' has recently opened a short one 90% of his positions of the SP index.

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