sinvat

Msci TUR accumulation over?

Long
sinvat Aktualisiert   
NASDAQ:TUR   iShares MSCI Turkey ETF
Turkish economy suffering a huger recession whereas admins and didn't want to declare it. After a year and a half I believe the real reason behind could be a huge rally to perform before confessing the huge debt crisis.

If I m not mistaken in above hypothesis, we are in the early days of a 3rd of 3rd wave in Elliott and some very interesting news is about to come to either dump the dollar or pump Turkish economy. I think the first is more probable.
Kommentar:
I believe we have just experienced an expanded flat correction as yellow wave 2. You can see the first indications of a 3rd wave in the volume at around 23 -24 $ price level now.

This setup is invalidated upon a breach of 22.43 $ price level down.
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