The next goal is to reduce the area of 950 items on the MICEX index

Good day. At the end of Thursday, domestic stock indices experienced a strong decline. RTS Index lost 1.79%. MICEX index fell by 3.5%. Trading volume has decreased significantly, reaching at least the last few weeks.

opened yesterday gepom down initially the market was able to find support in the region of 990 points on the MICEX index. Later, with the deterioration of the external background sellers managed to force in quotes below, after which the MICEX index reached a support area of 970 items.

opening trades Friday allegedly held with gepom down. The closest support level is at 970 points. The next goal is to reduce the area of 950 items on the MICEX index.

950 sample points may lead to the closure of gepa at 920 locations, where customers have an opportunity to expand the market upwards, forming upward trend. The next chance for growth - formation of double bottom in the region of 880 points on the MICEX index.

Key resistance levels - 990-1000, 1015 points on the MICEX index.

U.S. stock indices closed the auction on Thursday confident the decline in the background of weak data on the labor market. So in June the U.S. economy has lost 467 thousand jobs, which is 102 thousand more than the projected cuts.

At the auction in Asia continues to decline. Concerns about the restoration of the global economy put pressure on prices of commodity futures, which had a negative for the Russian stock market.

Futures on the SP 500 yesterday found support in the region of 890 points. The closest resistance - 900 points, then 910-915 points. Main support is situated in the vicinity of 880-890 points. 880 sample points may lead to accelerated decline.

Futures on the RTS index in the course of the evening trading session was able to find support in the region of 92 500 points. The next goal is to reduce the area of 90 000-91 000 points. Stop by the short positions can be higher than 94 000-95 000 points.

Within days of the market may have an impact on retail sales in the EU (13.00 Moscow time).

Stock markets are closed today.

negative external background. America closed the decline, oil and gas sector is moderately worse than the market, the financial sector is moderately worse than the market. Asia traded mostly down. Final recommendations: Investor - outside market speculators - playing sales.

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Analyst Ratings


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