Opening of Russia's bid on Friday, allegedly held a gepom Up

Good day. Bidding ended Thursday multidirectional changes in the main Russian stock index. RTS Index added 1.73%. MICEX index lost 0.26%. Trading volume increased moderately compared with the environment.

No Thursday MICEX index has held in the range of 930-950 points. Sellers and buyers of approximately equal frequency of attempted withdrawal from the band, which ended in failure, which led to the end of the day within the range of 930-950 points.

opening trades Friday allegedly held with gepom up. The nearest resistance levels - 950, then 970 points.

sample 950 points are likely to lead to a test area of 970 items on the MICEX index, where the unsecured gap from 03-06 July. Next, we look forward to the development of technical downward correction needed for the formation of a rising trend. The goals of reducing - 930, 900 points on the MICEX index.

U.S. Stock indices closed the auction on Thursday a modest increase. As one of the reasons for the increase in allocated words Nurielya Rubin that the worst is behind us and the recession could end this year.

At the auction in Asia, growth continues. Japanese stock indices supported the improvement of the recommendations from Barclays on local real estate market.

SP 500 futures traded above 930 points, which we believe demonstrates the highest chances to test local maxima in the region of 950-960 points.

Futures on the RTS index in the course of the evening trading session, the district has reached 90 000 points. In early trades, we expect the return of futures in the region 87 000-89 000 points, where it is possible to purchase the game with the foot below the 87 000 points.

Within days the market will have an impact on the construction of new homes in the United States (16.30 Moscow time).

moderately positive external background. America to close a moderate growth, oil and gas sector in the market, the financial sector is moderately worse than the market. Asia traded mostly up.

Final recommendation:

Investor - buy on the achievement of District 800 points or 950 points higher than the output of the MICEX index;

speculators - playing sales.

Authorize and appreciate the story;;

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Analyst Ratings


Index MICEX today will have a chance to reach the mark of 960 points
MICEX Index at the test level of 950 points
In the near future, the growth may continue up to the level of 975 points on the MICEX index
Under some pressure today will be shares of the Russian banking sector
Some influence on Russian Indexes today can provide data on the number of new buildings in the United States
MICEX Index is still in the local upward trend from the bottom boundary in the vicinity of 930 items
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