RSX - RSX: Rally Will Fade Soon
VanEck Vectors Russia ETF (RSX) had a solid start to this year, showing straight-line upside since early January. However, I believe that this party is close to its end, and RSX will either show muted dynamics or outright fall from current levels. First, let's examine why RSX was able to make this comeback, and then we'll talk about why I believe that additional upside is up for debate.
So, why did RSX have such a solid start to this year? There are many reasons:
1) The U.S. government shutdown. I put this factor