Data on the U.S. housing market could cause a significant re-sale at the finish of the session

Past trading session again proved to be quite volatile. In the first level of volatility raised statistic data on the U.S. economy. If the data on unemployment are pleasantly surprised investors, the sales data on the secondary housing market were significantly worse than forecasts and led to a massive sell at the finish of the trading day. MICEX Index on the session has lost 1,8%.

Today, Russia's market is likely to open neutral. Outside the background after the end of trading on domestic platforms have stabilized. Leading indicators of Russia's markets took cover in a short Bokovikov, that is not conducive to the continuation of sales. Futures on the SP 500 index declined significantly against the background of weak data on the housing market, before the opening of trading there are attempts to restore that will support the domestic market. Reducing U.S. indices are already in quotation securities issuers Russia, because decrease was observed before the end of trading yesterday. Crude oil futures continue to trade at low levels, which is a significant risk to the domestic market. The potential fall of crude oil futures for Brent - to above $ 60 a barrel, and in case of further strengthening the U.S. dollar, it can be implemented.

In the first half of the session, expect to see a technical rebound - correction upward after a rapid fall the previous day. Growth is important and the range of 1175 - 1185 points, which yesterday tested the MICEX index. Essentially adjust the course of trading statistic data on the U.S. economy, which will be published in the second half of the trading day. According to expectations, orders for durable goods and a final index of consumer confidence according to the University of Michigan will contribute to the purchase. Significant risk is the data on sales of new buildings, which will culminate in the publication of the block statistic data on the U.S. economy. Perhaps today the data on the U.S. housing market will also provide support for the bears, so in anticipation of release sales figures for new buildings is recommended to close long positions.

MICEX index yesterday closed at an important level of support that enables a technical rebound. The closest resistance level of 1,200 points will speak. In the case of penetration of this level indicator ruble rush to the complex range - 1220 - 1230 points.

The best market in the first half of the trading day may look like the action of the banking sector. The main reason is the more serious losses, which suffered a paper on the eve of this segment compared to other sectors. The aim of the shares of Sberbank is 60 rubles. And the papers VTB - 100-day moving average (5.64 cop.).

Shares of oil and gas industry can also jump up in case the stabilization of oil prices, which may continue to decline if the U.S. dollar, which may be due to the demand for protection tools as a result of volatility in market sentiment.

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