The dollar/ruble pair rose last week and closed at 68.5725. On Friday, trading volume returned torecord since March 2014.In the medium term, the pair may have completed wave C of wave 2 of the final diagonal triangle with 86, which is flat (marking here), and is already in wave 3, and may still be in wave 2. Options for long-term markings are here. The net long speculative position in ruble futures increased by 1,700 from 26,000 to 27,700. The RTS Index declined and closed at 1257.96, there is every reason to believe that it is already in wave E of the triangle since 2008 (long-term marking here, medium-term & #8211; here). The Russian government bond index (RGBI-tr) rose and closed at 576.13. For more details, see the “Results of the Week” program.
World markets
OilBrent broke the December 2018 low, sooptions with a flat correction are no longer necessary, the impulse that ended then is entering. Here the correction to it can be a triangle. In WTI the picture is somewhat different, a triangle has not formed there, so it’s difficult to say anything definite. The net volume of long speculative positions fell by 43,100 last week, from 431,500 to 388,400. The number of operating towers in the US increased from 678 to 682. The week closed WTI - 41.28, Brent - 45.27. At the end of Tuesday, the number of bulls in the market was 21%.
Euro / dollar(EUR/USD) completed wave C of a flat correction withMarch 2015 (the marking can be viewed here, the dollar index – here), respectively, wave X in the long-term marking, since the level of 1.21545 was broken (previously this signal was given by the dollar index, breaking the corresponding level), and is moving towards parity. Now the pair is in the fifth wave of this movement, which is KDT. Closing the week - 1.1286. At the end of Tuesday, the number of bulls in the market stood at 46%.
Futures on the S&P indexThe latest wave of growth, which is partThe corrective pattern (wave B of a triangle or flat) is completed and wave C is now underway. Weekly close: 2964. At the end of Tuesday, the number of bulls in the market was 12%.
Goldis in wave B in a circle in the long-termmarkup (there is a small chance that you have already finished it). The metal broke through 1366.08, therefore its wave B (or X) was a triangle, and it is already moving in wave C (medium-term markings here). Weekly close: 1674.16. At the end of Tuesday, the number of bulls in the market stood at 78%.
Bitcointhere is every reason to believe that the impulse from the year before last low was completed on June 26, a correction to it took place and now the 3rd wave is going up.
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