The second trading session ended the week lower. The MICEX index fell 2.19%. Trading activity increased, remained at values lower than Friday.

Bidding began Tuesday with a confident gap down, during which the buyers were unable to hold items for 1395-1400 MICEX. Piercing through the opening of this level, in the first hour of trading, the MICEX Index tested the 1395 upwards, and then survived the cuts. A significant predominance of vendors led to the test 1370 points, where it was found locally bottom. The ensuing rebound led the MICEX Index in the region 1380-1390 points.

U.S. stock indices closed lower Tuesday. Major sales occurred in the financial sector. The pressure on the markets have had concerns about the reduction of incentive programs from the U.S. Federal Reserve.

during the Asian trading session, the stock indices move different direction. Overwhelming superiority Sellers are not observed, which gives a chance to continue to rebound on the equity market.

Futures on SP 500 this morning traded at around 1,090 points. Main support - 1080 points. Range - 1080-1110 points. Possible rebound to around 1,120 points.
Futures Brent oil stabilized around $ 72,5-73,5, which gives chance to rise to $ 75. Output below $ 72, is likely to lead to the development of sales with the first goal at $ 70, then possibly $ 65.

Wednesday on Russia”s stock market expected to begin with a moderate gap down. Main support is situated at 13701000points. The closest resistance - 1390-1400 points.

Overcoming 1,390 points would significantly increase the chances of access to 1420, possibly to 1430-1450 points on the MICEX.

output below 1370 likely will lead to the development of sales to around 1340-1350 points.
In general, considering the current situation as a turn upward trend, the formation of “bear” trend. Speculative BUY recommendation is linked with expectations of a strong rebound, or at least side views of a few days.

Futures on RTS Index closed the evening session in the region of 145 000 points. Current Range - 144 000-147 000 points. Exit range up includes objectives in the region of 150 000-153 000 points. Break down is likely to lead to sales of 140 to 000 points.

Within days the market will affect the following information and events:
- 18.00 Moscow time, sales in the primary housing market in the U.S. for December;
- 18.30 Moscow time, oil and petroleum products;
- 22.15 Moscow time the U.S. Fed decision on rates.

External von moderately negative. America to close moderately lower, oil and gas sector at the market, the financial sector is much worse than the market. Asia is trading different direction.

The final recommendations:
Investors - cut position “;
speculators - “play to improve”.

If you change the situation on Russia”s market of foreign sites may jump out of the corridor 1370 - 1400 points on the MICEX
At the opening of Russia”s market will continue to restore, but expect significant growth in prices until the costs: the major players took a break
Futures on the RTS index lost 2.48% the day, dropping to a value of 145 660 points
Under most pressure now may be the paper”s largest Russian banks
Russia stock market is influenced by the negative external background, it is expected a negative opening of domestic sites
Today, the closest level of support for the RTS Index futures will mark 147.800 and 149.000 points
The international currency market on Tuesday once again dominated by pessimism
Yesterday, the euro /dollar continued its decline in the U.S. session, and reached a mark 1.4041
Budget option