The corridor around 1100 points on the MICEX index was a major psychological barrier for speculators

After yesterday's disappointing statistics in the American economy in the Russian market speculators behave neater than usual. Volatility is still high, but the nature of the movements can be seen that the volume of small trades.

close view of the performance of futures in oil and high volatility in the metals market certainty in the direction of motion is notavailable. And indices, and the paper continued to consolidate in the region of local maxima. According to the MICEX index corridor around 1100 points is a psychological barrier for speculators.

The next two weeks could be decisive for the market in the autumn term. In anticipation of the end of the fiscal year in the United States there may be interesting news to come as the macro-economic nature, as well as individual companies. It should also draw attention to the dynamics of return of Treasury bonds United States. Because the yield is high, this could lead to a reduction in monetary liquidity in the world against the backdrop of the departure of investors in these securities and the need for the United States declared the State to ensure profitability.

Fair recommendation for next week - to continue to speculate in the corridor for a short period of time, within one or two trading days. Longer-term position could lead to increased risk, but the direction, despite the anticipated negative developments in the global economy is now quite difficult to determine.

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