I am holding ERUS as an early mover in the anti-USD global market out performance sweepstakes (if the Q4
2018 2019 or H1 2020 view is correct in its various viewpoints). I’ve traded ERUS a few times but managed to successfully stay positioned at the right times.
The ETF is at top (weekly chart) and the its relation to SPY is at bottom. Russia has been leading the US since the Q4 2018 wipe out and if the 2020 view is on target it would lead other global areas to similar situations. The ratio has not yet broken out, but it remains constructive to a future Russia/US out performance. Why? I don’t have that answer. But I have charts.
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