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Alias Born | 05/09/2013 |
Thursday, May 14, 2015 2:59:27 PM
Looking for Oil & Nat Gas (after recent Nat gas run up over extended) in combination to potentially be a commodity multi-factor for helping RUSS (with the ruble to weaken in correlation).
RUSS @ lowest recent @ 6.04 already hit into my range I've been hoping for & anticipating (5's-lower 6 area), although I'd prefer 5's, RUSS could be setting up for a run up in a few days if Oil & Nat Gas can pull back (with ruble to follow).
I'm still cautious as of today, but saying I'm watching those factors in coming days to help determine if RUSS finally has established a near bottom yet.
If I think oil & nat gas ready to correct lower in tandem, then I'll be bullish RUSS.
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