Today, continuing yesterday's trend on the Russian stock market failed. This is due to the fact that the closure of the trading in the United States did not, as we assumed. Attempting to play down did not receive continuation Russian bidding opened with gepom up, then adjust. Now comes the closing of shorts, plus a corrective to the oil and America to resume buying, particularly in the metallurgical sector.

I think that now is the lateral dynamics, higher current levels we do not go. Then the situation will depend on the opening of the ocean. Prior to the opening of U.S. news background sluggish, no statistics will not be.

tomorrow in the U.S. reporting season begins for the second quarter, he starts with the report of Alcoa. Next week will be published reports JPMorgan and Goldman Sachs, 14 and 16 July respectively. This week, I do not think it's worth waiting for serious news. In general, the area is now supporting the bottom of the MICEX index - 925-930 points, above - 960 points. That is quite a narrow range, from a purely technical point of view. This is all subject to the fact that oil prices will stabilize, even at current levels. If the rapid decline that has occurred over three days to continue, then, first of all, the oil sector utyanet us down. Maybe even below these supports.

While oil has stabilized, we will adjust, and I think that as long billet here.

Analysis of Futures and Options Lukoil
Look for catalysts!
Asian markets fell against the backdrop of adverse market dynamics of oil and metals
Mayor's office found a way to drive out the routes of the carriers
Kiev has raised tariffs on komuslugi for commercial organizations at 14-78,7% in August
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Priority decline in the market of major base metals
Week on the world stage: the ethnic conflicts in China, they can change it?
Asia: depreciation of Commodities to contribute