AI
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Friday, May 01, 2015 10:42:06 AM
I think it looks like it is ready to go below 200 DMA - 19.30 area.
Makes sense to me that 18.00 or less is due for RSX on a minimum pull back.
Looking good this morning for potential RUSS move up from low 7 area (back to 8-9.
Seems almost calm before the potential stormy move up.
Crude oil seems toppy since near 60, and if it pulls back, then supports RUSS.
Ruble vs USD looks to be holding support after many bounces near 50+ critical area, so that also looks goof for RUSS potential to move up.
http://www.advfn.com/stock-market/FX/USDRUB/chart
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