Vista: we do not exclude the probability of a technical rebound

With the beginning of a new 2-week cycle of Russia"s stock market has stopped falling. MICEX Index has stabilized in a narrow zone between the week (IAD-5 = 1415 etc) and monthly (IAD-20 = 1417 etc) the carrying cost. Yield of short-term speculative portfolio at these price levels is virtually zero, which forces the players to become more assertive. However, the direction of future games not yet clear.

External background from early morning today, negative, that predisposes to retest previous lows. Nevertheless, we still do not rule out an alternative. ie continuing technical rebound. In this variant of the nearest resistance MICEX index is in an area ~ 1440 on, which are short moving averages MA5 (1441.5 forth) and MA11 (1445.7 forth). In the case of breakdown in this zone upward movement would get further momentum. Looking ahead, I would venture to assume that even in this case, the trade turnover is unlikely to change much. Unlike what the market will see inflows of new money in the coming days. Thus forthcoming technical rebound should be used to reduce long positions.

The worst of the market today will feel the paper oil and metallurgical sectors
At the evening session, most FORTS futures grew up, except for the nearby contracts were Norilsk Nickel and Surgutneftegaz
Since breakdown of the level of 1400 points on the MICEX index will be talking about breakind0ag the upward trend in Russia market
European indexes finished trading negatively
European stock markets failed to turn up to the day
"Elita-Center" to be registered in court
Rate for the dollar fell - an overview of cash markets
"Ukraine" held hostage
End of an era of consumption

Domestic demand has ceased to push the economy forward in the coming year will be the drivers of growth Exporters ...