Russian Stocks (RTS): "A Very Interesting Setup"
by Editorial Staff
Updated: April 08, 2021
One big reason why investors value Elliott waves is because of their ability to suggest when a contrarian stance may be warranted.
In other words, often the waves patterns of market psychology show you when it's time to turn bullish when most people are bearish, and vice versa.
One of the most reliable wave patterns is called "triangle." You only see them in very specific parts of the trend.
Watch our European Short Term Update editor explain triangle's implication for the next move in Russia's RTS stock index.
Free, watch now.