Russia

Russia was in the news because of the stress it faced not just geopolitics but Oil. And with Oil prices falling again Russia might be set up for another decline. The chart shows the recent high at exactly 61.8% in wave B so wave C down could be as big as wave A was. And all this cant be without renewed pressure on its currency. If the Russian market fall from here as shown below expect the Rhetoric from that part of the world to come back even louder than the last time.