Today, we look forward to multidirectional movement quotation of shares on the Russian stock market.

yesterday on the U.S. stock market once again dominated by optimistic mood among market participants.

So yesterday published data on the number of applications for unemployment benefits, which amounted to 608 thousand to 610 thousand forecast Moreover, the index of business activity in the manufacturing sector for June fell by only 2.2% compared with -22.6% for May. As we have seen, the macroeconomic data continue to please the market.

At the end of trading session, U.S. stock indices closed raznonapravleno /Dow Jones 0.68%, S P500 0.84%, NASDAQ -0.02% /.

From the technical point of view, the Dow Jones index yesterday, has arranged for a second corrective rebound after the previous day, they formed the first phase of the local rebound. As a result, Dow Jones index almost reached the estimated range of 8600-8650 points, but in the way of the bulls was the local top-down trend in the region of 8590 points.

Today, the closest level of support will be time for the sale of the fractal at level 8461.82 points. If he will not stand, the decline will continue to 8350-8370 items.

At the time schedule for the MACD indicator bear situation. Indicator Stochastic's are on sale.

At day schedule Dow Jones index closed the trading session Dodge. At the same time on the MACD indicator at the afternoon schedule double bear divergence. Indicator Stochastic's pereprodannosti is located in a zone that permits the start of the formation of rebound.

also again note that the Dow Jones index yesterday, once again tested the bottom of a bottom-up flag in an area 8550 of items from the bottom up, but bears were able to keep this trend line. Nevertheless, the final fracture of the formation will be after addressing the daily fractal for sale at around 8226.9 points.

remind that in this formation we could see the formation of waves in the wave of e y, which will be 100% Fibonacci of the wavelength w with a view to 8900 points. Therefore, now all in the hands of bears that could emerge from this formation down.

So, today, next support level is 8226 points mark, a level of resistance to the bulls will mark 8820 and 9200 points.

C global wave point of view, the index of Dow Jones traded slightly above 8500 points, representing 76.4% of Fibonacci from falling on 6 January, which still allows for the implementation of pessimistic scenario, where bears can catch away Dow Jones index to the new minima in the formation of subvolny y in a large wave of Z, which is developing in the global wave and with the objectives of 5400-5500 points. Remember that in this scenario, Dow Jones index form triple zigzag WXYXZ.

On the more optimistic scenario, the Dow Jones index of all, has completed the formation of a global wave of A, and is now forming a large rebound in the wave, which will edit all fall to 23.6% -38.2% -50% of the Fibonacci . This wave is the first phase of rebound, which is adjusted fall of at least 35%.

So, as soon as this rebound, we see the current correction podskoka 50% Fibonacci, and then another run up to 9400-9500 points.

From a technical standpoint, yesterday opened the MICEX index was slightly above the previous closing level, after which bulls have tried to continue the upward movement, but their attempts proved futile. As a result, the initiative passed to the Bear, which dragged the index MICEX to new local minima.

However, in the second half of trading session, bulls were able to not only stabilize the situation on the Russian stock market, but also reverse much of the decline. The volume of trading session amounted to about 73 billion rubles, and were higher than yesterday.

Yesterday MICEX index continued its downward movement after the eve of bears without a fight to overcome a mid-term upward trend of 24 February in the region of 1050 points. Nevertheless, a full-fledged medium-term trend will be broken only after overcoming the 970 points.

In the end, yesterday, the MICEX index overcame major milestone 1030 points, then reached a clearing in the goal area of 1024 points, representing 100% of the length of a wave. In the future, the bear came to 990 items, representing 161.8% of Fibonacci in the formation of the 3rd wave in the wave, with some of the level of bulls were able to arrange a ransom.

So, today, the level of resistance will be overcome rising trend in the region of 1055-1060 points, then descending trend in the region of 1090 points. Withregard to the level of support, they will be the boundary of the rising trend in the region of 960 points.

Regarding the short-wave point of view, the MICEX index in the best case being the formation of the 4th subvolny 1070-963-882 with the purposes of paragraphs, where the first goal has already been achieved.

In the 4th subvolne June 4, the MICEX index has formed a 5-wave in the first phase of decline, followed by rebound at 50% -61.8% of all Fibonacci from the fall in the range of 1155-1172 points in view of the triangle-outset that considered as a wave b.

At the moment, is the formation of waves with which formed the MICEX index 1 and the 2nd wave correction, yesterday was the formation of the 3rd wave with the purposes of paragraphs 990-995 /purple numbers /, which has been executed. The subsequent rebound can be considered as a 4th wave in a wave of settlements with the objectives of 1013-1031-1046, representing 23.6% -38.2% -50% of the Fibonacci of wavelength 3. If the bears' uderzhat data rates, the best case would be the formation of the 5th wave in the wake of, the objectives of which will be 50% -61.8% -100% of the Fibonacci of wavelengths 1-3/fioletovye figures.

At the same time, as we noted earlier, in the worst case, instead of wave in the 4th subvolne, we can see the formation of a great 3rd wave decline from the near end, 935 points. Do not be ruled out that in this case, the global wave will zigzag.

In addition, the MACD indicator neutral bear the situation, and the indicator is in the Stochastic's purchase, and it is in the zone perekuplennosti that today allow the resumption of correction.

Fibonacci time periods on a weekly schedule of fracture trends may be on this week, but it must be closed Bear absorption. Remember that in the afternoon schedule 1st fracture was 2 June.

closest daily fractal for sale is located at around 758.09 points, a full-time fractal for purchase is located at around 1226.61 points. Time is fractal for purchase at around 1108.87 and 1147.25 points, but on sale at 983.73 points and the points.

With the long-wave perspective, the MICEX index possibly completing the formation of a global wave of B, where the comfortable range of items will be 1055-1230, representing 38.2% -50% of all Fibonacci of the drop, which was successfully achieved. We remind you that in October 2008, we noted that the rebound will be big 6-9 months.

In the medium layout at the base-obvious scenario is the formation of a wave with a big wave in 1050-1230 with the main purpose of the items within a simple zigzag abc.

In the wake of bulls have formed a wedge because the 1st subvolny in correctional wave, then the 2nd subvolnu, reaching 545 points, representing 76.4% of the Fibonacci length of the 1st subvolny.

2 June MICEX index set a new maximum, and at the same time to complete the 3rd subvolny. Now, at best, the MICEX index will adjust the 3rd subvolnu at 23.6% -38.2% -50% of Fibonacci in the 4th subvolny with the purposes of paragraphs 1070-963-882.

Regarding Wave Keyboard with the formation of zigzag WXY, then at the moment is very pessimistic, and may be used by our favorite puppeteers.

Since June 2, completing the formation of waves with the objectives of Y 1050-1070-1110 items, and even the 1230-1250 settlements, where 4 of the 5 goals were achieved.

In this case, we begin a new phase of the fall in the P wave to 50-150-250 items, taking into account the panic, the levels can be achieved by the end of the year - mid-2010, which will be accompanied by a devaluation of the ruble to a 40-60 rubles for 1 dollar, and then will be stagnant until 2012, and we adhere to the realization of this scenario. At best, we see a global double bottom in the region of 493-500 points.

Yesterday, we were advised to buy shares rebound 2.5% -3.5%, but worked in an area 1025 feet of items. Today, we advise not to take action if succumb above estimated levels, then you can open a short position, a stop at the point of breaking even.

Better the market today will look like shares of banks and securities MMC Norilsk Nickel
Following Thursday MICEX index value of 1020.95 point, which is 1.78% below the previous day's closing
Today it is possible to continue corrective movement to the level of 1000 points on the MICEX index
At the moment, the Russian market already has adjusted to 30% of their annual maximum
Given the strong Drawdown Russian market this week, now part of the players once again try to start shopping
Today the Russian market is expected weak ascending trend, but is unlikely to be significant growth
The opening bid on the Russian market is expected today in the neutral zone
Crude oil on Thursday, June 18, went through economic reports
At the end of trading session, U.S. stock indices closed raznonapravleno /Dow Jones 0.68%, S P500 0.84%, NASDAQ -0.02% /