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 on the background of the publication of good financial results, as well as the expectations of the completion of a recession.
Also yesterday published data on the number of applications for unemployment benefits, which have dramatically declined by 47 thousand, which was better than the expectations of experts.
Today, market participants pay attention to the publication of data on the construction.
At the end of trading session, U.S. stock indices closed in the black /Dow Jones 1.1%, S P500 0.86%, NASDAQ 1.18% /.
From the technical point of view, the Dow Jones index yesterday continued its upward movement, in spite of the significant perekuplennost. In addition, the Dow Jones index broke down mid-term trend in the region of 8600 points. Nevertheless, in our view, it is worth asking why the bulls as oshparennye so sharply drag indices up?
So, before Dow Jones index broke the upper boundary formation flag in the region of 8400 points, but yesterday, bulls test medium-term down trend in the region of 8600 points. The potential of the flag of 1200-1300 points. Perhaps the formation of double peaks.
At the time schedule for the indicator MACD bear divergence. Stochastic's indicator is in the purchase, and it is in the zone perekuplennosti.
At day schedule index Dow Jones bulls have already removed all pereprodannost and now are in the area perekuplennosti.
C global wave point of view, we believe that the Dow Jones index is still at a formative stage in the global wave, which will edit all fall to 23.6% -38.2% -50%of Fibonacci to 9450-10400 counts. Perhaps the formation of double peaks.
For temporary factors rebound U.S. indices should be about 6-7 months after the 1.5-year decline.
So, at best, index Dow Jones has formed the first stage rebound within a subvolny. In the future, was the formation of the wave b, which consisted of zigzag abc, and it has been too short to reach only the range between the levels of 23.6% -38.2% by Fibonacci.
We can now see the final run up to 9400-9500 points in the wave with a large wave V. However, the bulls should be held weekly fractal for purchase at around 8875.81 points. Do not be ruled out, as we'll see a more complex correction.
Once complete the formation of a global wave, it will begin building a global wave C up to 2012 with the aim of 2550-3500 points.
From a technical standpoint, yesterday opened the MICEX index was slightly above the previous closing level, after which the bears intercepted the initiative and managed to close the morning gap.
In the second half of trading session, bulls and bear fought local importance, and the MICEX index traded in the side corridor of 930-950 points. The volume of trading session amounted to about 57 billion rubles.
Yesterday MICEX index opened with a 3rd bovine gepom, then tested the upper limit of the potential Bear flag together with the level of 61.8% Fibonacci of the fall on July 1 that had been withheld pessimists.
However, the Bears is not able to take advantage of his chance, although the trading day was closed Dodge, which is necessary today to reaffirm Bear absorption.
So, the MICEX index was still in the local upward trend from the bottom boundary in the vicinity of 930 points and the top 967 in the vicinity of settlements. Pessimists see it as a bearish flag with the potential figures 150-170 points.
Today resistance 953 will mark the item, where the level of 61.8% Fibonacci of the fall on July 1, which allowed for the 4th of small waves, and the development of further correction due to changing fortunes, leaving the field for maneuvers our puppeteer . Do not forget about 2 unfinalized bull gepa.
Now, if the bull want to continue building a large corrective rebound by 20% -40% of the fall of 1040-1085 points, the task at least keep the bottom of the flag, the task of every test and maintain the range 890-903-914 item, representing 38.2% -50% -61.8% of Fibonacci, and then overcome the fractal on the purchase of 955.32 points.
It is also worth noting that the MACD indicator is formed on the bear divergence. At the same time the indicator Stochastic's are on sale. During the afternoon schedule of bulls are in the area perekuplennosti.
From the point of the short wave still permitted the formation of the 5th wave in the first phase of the downward movement of 870-844-802 items, representing 50% -61.8% of the Fibonacci of wavelengths 1-3. In the fifth wave is the 4th subvolna.
This 5 volnovka can be as subvolnoy a first down, and the usual 1st wave reduction in the global wave C.
As we have said, is bull may already form a large corrective rebound by 20% -40% of the fall of 1040-1085 points, but it must do the above requirements.
In addition, as noted above, the puppeteers can develop a correction from June 2 triples in the same first step.
Regarding the optimists, they can still count on the 4th subvolnuand further formation of the 5th subvolny, but they need to close the trading week higher than 882 points, so now they have leveled the chance.
closest daily fractal for sale is located at around 881.95 points, a full-time fractal for purchase is located at around 1226.61 points. Time is fractal for purchase at around 955.32 points, but on sale at around 852.12 points.
Yesterday, we were advised pereotkryvat short position if the upper limit of the flag stand. Today, we advise to keep the short position, a stop in a fractal on a purchase. If the bulls' confidence to overcome the fractal for purchase, the open long positions, a stop at the point of breaking even, the goal of 965-975 points.
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Analyst Ratings
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Index MICEX today will have a chance to reach the mark of 960 points
MICEX Index at the test level of 950 points
In the near future, the growth may continue up to the level of 975 points on the MICEX index
Under some pressure today will be shares of the Russian banking sector
Some influence on Russian Indexes today can provide data on the number of new buildings in the United States
Opening of Russia's bid on Friday, allegedly held a gepom Up
Technical Analysis Dow Jones index
Analytical review of the Forex market for July 16
Latin America: still have something to rejoice
MICEX Index is still in the local upward trend from the bottom boundary in the vicinity of 930 items
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 on the background of the publication of good financial results, as well as the expectations of the completion of a recession.
Also yesterday published data on the number of applications for unemployment benefits, which have dramatically declined by 47 thousand, which was better than the expectations of experts.
Today, market participants pay attention to the publication of data on the construction.
At the end of trading session, U.S. stock indices closed in the black /Dow Jones 1.1%, S P500 0.86%, NASDAQ 1.18% /.
From the technical point of view, the Dow Jones index yesterday continued its upward movement, in spite of the significant perekuplennost. In addition, the Dow Jones index broke down mid-term trend in the region of 8600 points. Nevertheless, in our view, it is worth asking why the bulls as oshparennye so sharply drag indices up?
So, before Dow Jones index broke the upper boundary formation flag in the region of 8400 points, but yesterday, bulls test medium-term down trend in the region of 8600 points. The potential of the flag of 1200-1300 points. Perhaps the formation of double peaks.
At the time schedule for the indicator MACD bear divergence. Stochastic's indicator is in the purchase, and it is in the zone perekuplennosti.
At day schedule index Dow Jones bulls have already removed all pereprodannost and now are in the area perekuplennosti.
C global wave point of view, we believe that the Dow Jones index is still at a formative stage in the global wave, which will edit all fall to 23.6% -38.2% -50%of Fibonacci to 9450-10400 counts. Perhaps the formation of double peaks.
For temporary factors rebound U.S. indices should be about 6-7 months after the 1.5-year decline.
So, at best, index Dow Jones has formed the first stage rebound within a subvolny. In the future, was the formation of the wave b, which consisted of zigzag abc, and it has been too short to reach only the range between the levels of 23.6% -38.2% by Fibonacci.
We can now see the final run up to 9400-9500 points in the wave with a large wave V. However, the bulls should be held weekly fractal for purchase at around 8875.81 points. Do not be ruled out, as we'll see a more complex correction.
Once complete the formation of a global wave, it will begin building a global wave C up to 2012 with the aim of 2550-3500 points.
From a technical standpoint, yesterday opened the MICEX index was slightly above the previous closing level, after which the bears intercepted the initiative and managed to close the morning gap.
In the second half of trading session, bulls and bear fought local importance, and the MICEX index traded in the side corridor of 930-950 points. The volume of trading session amounted to about 57 billion rubles.
Yesterday MICEX index opened with a 3rd bovine gepom, then tested the upper limit of the potential Bear flag together with the level of 61.8% Fibonacci of the fall on July 1 that had been withheld pessimists.
However, the Bears is not able to take advantage of his chance, although the trading day was closed Dodge, which is necessary today to reaffirm Bear absorption.
So, the MICEX index was still in the local upward trend from the bottom boundary in the vicinity of 930 points and the top 967 in the vicinity of settlements. Pessimists see it as a bearish flag with the potential figures 150-170 points.
Today resistance 953 will mark the item, where the level of 61.8% Fibonacci of the fall on July 1, which allowed for the 4th of small waves, and the development of further correction due to changing fortunes, leaving the field for maneuvers our puppeteer . Do not forget about 2 unfinalized bull gepa.
Now, if the bull want to continue building a large corrective rebound by 20% -40% of the fall of 1040-1085 points, the task at least keep the bottom of the flag, the task of every test and maintain the range 890-903-914 item, representing 38.2% -50% -61.8% of Fibonacci, and then overcome the fractal on the purchase of 955.32 points.
It is also worth noting that the MACD indicator is formed on the bear divergence. At the same time the indicator Stochastic's are on sale. During the afternoon schedule of bulls are in the area perekuplennosti.
From the point of the short wave still permitted the formation of the 5th wave in the first phase of the downward movement of 870-844-802 items, representing 50% -61.8% of the Fibonacci of wavelengths 1-3. In the fifth wave is the 4th subvolna.
This 5 volnovka can be as subvolnoy a first down, and the usual 1st wave reduction in the global wave C.
As we have said, is bull may already form a large corrective rebound by 20% -40% of the fall of 1040-1085 points, but it must do the above requirements.
In addition, as noted above, the puppeteers can develop a correction from June 2 triples in the same first step.
Regarding the optimists, they can still count on the 4th subvolnuand further formation of the 5th subvolny, but they need to close the trading week higher than 882 points, so now they have leveled the chance.
closest daily fractal for sale is located at around 881.95 points, a full-time fractal for purchase is located at around 1226.61 points. Time is fractal for purchase at around 955.32 points, but on sale at around 852.12 points.
Yesterday, we were advised pereotkryvat short position if the upper limit of the flag stand. Today, we advise to keep the short position, a stop in a fractal on a purchase. If the bulls' confidence to overcome the fractal for purchase, the open long positions, a stop at the point of breaking even, the goal of 965-975 points.
2 users rated material 4.
Analyst Ratings
Index MICEX today will have a chance to reach the mark of 960 points
MICEX Index at the test level of 950 points
In the near future, the growth may continue up to the level of 975 points on the MICEX index
Under some pressure today will be shares of the Russian banking sector
Some influence on Russian Indexes today can provide data on the number of new buildings in the United States
Opening of Russia's bid on Friday, allegedly held a gepom Up
Technical Analysis Dow Jones index
Analytical review of the Forex market for July 16
Latin America: still have something to rejoice