The above chart speaks, what Russia has paid for war. about 65% of correction seen in crash,We have seen some recovery, but I’m expecting more weakness in IMOEX.ME. in 2008 it faced 75% correction, but now i expects about 80% to 85% crash from high.
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The chart indicates that the bull rally is still remained in US oil as well as UK oil (brent crude oil). any correction around $ 65- $60 might be good opportunity to enter long. Expecting move above $100, $120 in coming months.Going stort in oil before any sell signal is very dangerous, as it might break previous level of year 2007.