2016 has come to an end, and we’re just hours away from 2017! I wish all readers a Happy New Year!
MICEX hit a new ATH.
Yesterday, the Russian MICEX index hit a new ATH, thus fulfilling an important long term goal our Elliott Wave Theory analysis pointed towards.
Last week, we published – in the Market Analysis section – a number of warnings about oversold conditions and strong probabilities for a bounce, in several equity market analysis updates. Let’s look at small excerpts of just 5 of those analysis updates.