On the back of Putin strengthening his grip on Russia through recent election victories, the Russia country ETF, below, remains weak despite bouncing in August.
I consider this a short setup, with the potential to retest or breaks recent lows, as you can clearly see declining long-term moving averages above price and a highlighted bear pennant.
What are you trading this afternoon?
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I’ll pass on the candy
Vodka flavored candy? Those Russians really want their kids to become drunks
Damn now that’s a new one! Scorpion on a stick