View: 20160719tur.png

20160719tur.png

Let's talk Turkey. Either the currency or stock market, or both, are ready to tumble. USDTRY has an inverse H&S from July 2015, neckline almost 3.05, head at 2.80, good for an almost 10% drop from today's exchange rate. The low for TUR at $32.5 is only 12% away.

Comments

CDubyaCDubya
The measured move on that Turkey ETF chart is, ummm, 0 7/19/16
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