Kontoeidis1989

RSX in very bad shape overall

AMEX:RSX   None
I don't like the pattern at all in RSX .
In a period where it supposed to be rising RSX broke the cycle low.
Likely , the decline will steepen into late August , Early Sep where we will potentially see by then a deficient rally and then a correction again going into next year.

Overall I don't like at all and I believe this cycle is in the early stages of a L-H translation .

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