Trade of the Day: RSX

06/21/13 04:25PM EDT

We are re-shorting one of our favorite Emerging Markets that has explicit exposure to Brent Oil which is failing at TREND resistance this week: Russia. (Yes, we know Putin doesn't like being called an “emerging market.”) Tough.

Trade of the Day: RSX - RSX

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.