latter half of the day should not disappoint investors

At the end of Monday the Russian stock market was closed in good plus MICEX index. Major purchases were in the final trading session that was due to growth in U.S. indexes at the start of bidding for U.S. sites, as well as increases in the prices of black gold. The latter led to the purchase took place mainly in shares of Russian neftyanki.

Following the closure of our situation has improved at outside venues. The main positive before the opening of today's trading day is linked to the achievement of quotations of maximum annual oil levels on the background of the news from Nigeria, where there was an attack on the oil rig company Shell, which has led to the suspension of production at the Estuary. This fact will be played Russia's market share more than the percentage gepom up, bringing the MICEX index returns in the medium-term upward channel is formed at the beginning of the year, which, in my opinion, the main range of motion until the autumn of 2009. U.S. futures indices are zeros, and the eve of the American indexes have not been able to overcome significant resistance levels (SP 500 closed less than 3 points from the mark 930 points), although the outcome of yesterday's session, closed in the black. In the absence of makrostatistiki investors tracked mostly technical factors and, given the expectation of the important statistics, which will be released at the end of the week did not allow powerful punch index of resistance. Caution for investors is the reporting threshold for the II quarter, which traditionally are high volatility.

In the course of the day will be determined by the dynamics of macroeconomic statistics, in particular, data on the GDP of Great Britain and the euro area consumer inflation in the first half of the session. The outcome of the day, according to tradition, determine statististicheskie data from the United States, the most important of which are data on the prices of homes.

A positive factor for the market is the last day of semester, which can also hold large parties (seeking to positively close the much-positive six months) of major sales. The dynamics of emerging markets that are so positive external background behind the overall dynamics of the sites indicates the absence of large institutional investors that are likely to return to emerging markets than before the fall, waiting for a serious correction. Therefore, the medium-term investors should wait by the entrance to the market and the summer season in the re-speculators.

Technically, the MICEX index at the opening returns in the medium feed, the lower boundary of which lies at the level of 1000 points. When positive signals index could test the strength of 38.2%-ing correction of Fibonacci (1055 points), near which I recommend to reduce the stock position.

At the evening session on FORTS most of the contracts on stocks neftyanki fully played the achievement of annual maxima of quotations black gold. The leader was a contract for the shares of Tatneft, adding 4.46%, which can support the issuer's securities at the opening of today's trading session. In general, the majority of the shares are close to strong levels of resistance, therefore, recommend that to reduce the lucrative position, given the expectation of tomorrow's data on the stocks of petroleum and petroleum products in theUnited States, as well as meetings of the ECB, the outcome of which will increase volatility in the foreign exchange market.

Shares of banks at the opening can be a serious gepom up to play outside positive, which confirms the growth of contracts for the securities of banks during the evening session on FORTS, where a contract for shares of Sberbank potyazhelel at 1.88%, while the shares of VTB - 2 , 15%. Morning gap in bank securities is better used to fix the profit, since as we saw yesterday's session, no major banks in the buyer - rather, the medium-term investors to capture profits in anticipation of the reporting season, the Western financial structures.

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Bykov in the way of pushing the positive fundamental factors, as well as the technical prerequisites for the growth of quotations