Friday, June 5, 2015

Russia

Russia has fallen a lot lately. But looking at the RUSS chart it has a very clear resistance line. Will this line act as a magnet for the price line? Will the price of Russ reach all the way to touch the resistance line? If so then more bad news from Russia is needed because it is still a bit to climb to reach there. Could the charts not only predict the future of where the ETF price will go but also that more bad news involving Russia will come? Could the chart predict what is going to happen in reality? Because that trendline looks like it wants to be touched.