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19:59
Jul 25
Jul 25
MOEX triangle bounce, full rally needs peace
The MOEX Russia index just bounced sharply, potentially forming a triangle pattern as a fourth wave. A move to 2700-2800 is possible, followed by further consolidation swings. However, the real fifth-wave rally is unlikely until the military conflict ends, because domestic liquidity is diverted to finance the budget deficit.
MED
About IMOEX Analyst Coverage
Buzzberg tracks IMOEX across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: Dmitry Solodin.