UAX Ukrainian Index is kicking

UAX Ukrainian Index is kicking ass all over the place since I first featured it. Of course most of you cannot trade this. BUT! the how to analysis I posted does matter. What is important to note also from a technical point of view, is the chart. Not the little flag before the break. Notice the slow break out from the bottom right on the chart. An A,B,C or 1,2,3, Break out. Here is the link Back from Feb 12 of this year, in case you missed it.

$UAX Ukrainian Exchange Bottom?

The UAX Index is now up almost 20% since I first posted it. That is not chump change for those who traded it. But again That is not the point. Being able to read the chart, apply MMT and identify a nice move is the point.

Author Jim Boukis