ERUS: Emerging Markets - Russia As A Trade, Part 2 Of 2

ERUS-Part 2 of 2.
Russia, as an emerging market, has been in a long standing DOWN-TREND.
I would not go long unless the trading channel is breached past the top line.
(Red Arrow on chart).
This would indicate a new trend reversing to the up-side.

Good luck to you. Don.