iShares MSCI Turkey ETF
Short
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Inflation cleaned Index

Hello, it doesnt look good for Turkish Stocks.

Index was trading slightly above important support for 3 years now and it seems it just broke out to the downside.

If this support zone breaks it could fall -50%+

We saw 3 years of trying to go up from here without succes.

DYOR.
Note
Bist100 chart:
snapshot
Note
snapshot
Well that was unexpected, but Turkish stocks are not out of the woods yet, we need a Daily close above Green Supp Zone i believe
Note
not so confident anymore but this could be a trap and we still go down.
Ordre annulé
Cancelling this idea / closing position

Clause de non-responsabilité