Economy / Russia
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Worrying Signals For Stocks
July 2008 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The benchmark Russian RTS equity index has sold off 15.2% in the last two months and is now trading close to a key trendline support level at 2,100, at one point trading at 2,125 on July 23. A firm breach of this point would set the index up for further losses toward subsequent support at 1,870.