Technical rebound or return of the "bulls"

opening trades took place with a gap down on the main index to impaired before the start of the session external background. After reaching the MICEX index local level support, which lies at the lower boundary of the medium-term rising channel, the market there has been a turn-up, which was reinforced by the change of sentiment on the external platforms on the positive. Optimism was determined by futures for U.S. indices, in particular, returning to the SP 500 futures to a level above 1100 points. The situation on the raw areas contributed to the mood swings in the shares of Russia"s oil and gas sector, demand for which was formed in London, which is partially supported by quotes and the local market. Technically, the potential growth in the securities of domestic "oil industry" to the end of the session is saved. The acts of Gazprom"s capacity is more than 1% to a level of 21-day moving average (185.4 rubles).. Before the end of the trading day on the dynamics of the shares will be influenced by the situation in the U.S. market, where the eve of the indices closed lower levels of local support. In the case of rapid growth on the sites of the U.S. market could again emerge wave of purchases and the majority of shares can go back to session highs, which I recommend to take profits. Influenced the finish trades can also statistics on sales in the secondary housing market in the United States.

Rollovers for tomorrow"s session is not recommended because the current rise can only be of the nature of technical rebound. Moreover, the proximity of most of the indices to local1000levels of support that can not stand up under the influence of negative signals, the risk of continuation of correction, launched last week.

market opening tomorrow will determine the outcome of the traditional trades in the U.S., as well as the dynamics of the Asian indexes. Tomorrow full of important macroeconomic statistics. In the first half of the session, attention should be paid according to UK GDP, as well as the speech of the Bank of England M. King on financial institutions. In the second half of the trading bloc will be the impact of statistics on the U.S. economy - an index of house prices and the index of consumer confidence. Technically, during tomorrow"s session, the MICEX index may continue to consolidate at the lower boundary of the medium-term upward channel.

onset week, in my opinion, can pass through a technical rebound. A positive signal is the dynamics of the Brazilian index on Friday, which is a faster pace to pick up, along with Russia"s market throughout the week, and up to Friday, despite the collapse of U.S. indices closed in the Zeros. This fact may indicate the cessation trends withdrawal of funds from emerging markets, so tomorrow should also pay attention to the results of trading on the developing stages.

Russia market is trading with a slight increase is unlikely to present suspension of the fall will grow into a significant increase
Growth significantly better than the market shares of the electricity sector show
FTS: Income from mineral extraction in the federal budget in 2009 because of declining oil prices declined in 1,6 times
Review of the precious metals market for 22.01.10
The technical analysis of currency pairs
Spyker, according to unofficial sources, is preparing to announce the purchase of Saab by GM
Poroshenko underlines the need to increase the level of trade turnover between Ukraine and Russia
The actd65s of the dynamics of oil and gas sector has been controversial, better than the market hold shares in Rosneft and Tatneft
As a result of the second half of the trading day on Monday, the dollar rose to the ruble at 0.88% to 30.103 rubles