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  4. Ospreyeye: Japanese Candlestick patterns & Technical Analysis Board Message Board

RUSL vs. RUSS Charts: 3x Russia Bull formed Bullis

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Post# of 777
Posted On: 07/19/2014 2:46:06 PM
Posted By: Ospreyeye
RUSL vs. RUSS Charts: 3x Russia Bull formed Bullish Harami reversal pattern on Friday after a big gap down on Thursday.........as this chart shows RUSL is trying to hold the 100 DMA support level........as long as RUSL holds the 100 day moving average the upper gap should fill..........if 100 DMA support breaks there will be no more simple moving averages for support.........the RUSL is @ a major crossroads......next week will be HUGE for the Russian markets.......even if you are not trading RUSL & RUSS after the recent events, following the action unfold on the markets will be extremely interesting...........there is talk of more sanctions against Russia.......the next sanctions will be paralyzing.........talking entire sectors being sanctioned.........the line in the sand was drawn win the tragic events unfolded on Thursday.........either Putin will take the U.S. seriously or the entire Russian economy will be hammered.......if the U.S. does in fact put the hammer down I'd expect major carnage for Russian markets.............RUSL is 3x Russia Bull.........RUSS is 3x Russia Bear............look to trade both.........they are definitely in play........if the news is good for Russia play RUSL & if the news is bad for Russia play RUSS............@ least that's an obvious trade that is on everyone's radar over the weekend............$$$

http://stockcharts.com/h-sc/ui?s=RUSL&p=D...3464650290

http://stockcharts.com/h-sc/ui?s=RUSS&p=D...1628983980


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