Market Vectors Russia ETF (RSX) August 17

“Death cross” (50-day SMA crossing below its 200 counterpart) is a bad omen for the Russian market ETF RSX. 17.50 is a serious level of resistance, support is at 15.38 (chart). Bearish.

RSX (9 months)

rsx

Chart: Stockcharts.com

Petros Steriotis