On the background to close in positive zone leading U.S. indices and the soaring prices of black gold on the Russian stock market prevail bychi mood. Open with a gap of order 2.5% on the most liquid securities, speculative players have rushed to record profits, which closed the morning formed the gap for the majority of the number of shares. Intensive all the demand seen in the shares of AO Tatneft, which are now added more than 6.5% and is unconditional leader among the most liquid shares. In general, the market looks stronger all the oil and gas sector: Lukoil SA (3.65%), Rosneft JSC (3,55%), Transneft Ap (4.35%). Worse viewed the banking sector, which, despite the high intraday turnover adds only 0.55%.
As the recent movement of Russian indexes increasingly tends to movements in commodity markets and less tied to the leading Western indices, a bit on the possible movements of black gold. It goes on light crude oil futures on the mark WTI. And the situation there, the so-called border. Located near the maximum of this year, we can see a new wave of growth, but for this we need to gain a higher confidence level of 74 dollars /barrel. In this case, the level to which will gravitate futures will be 80-81 dollars /barrel. In case, if we can not overcome the maximum this year, most likely we will continue with a view to correction of 59-60 dollars /barrel.
In fact, this concept fits in the technical picture for the RTS index. There correctional movement, which began earlier this month, stood at 38.2 for the Fibonacci, and is currently going on technical rebound, which in turn could escalate into a new wave of growth or the continued correction in order to 850, and even 700 points on the RTS. Resistance levels are values of 1050 points on the RTS, which in turn corresponds to a value of 23.6% of Fibonacci.
Thus, an investor-oriented medium-term movements is bridge to await the RTS Index value of 1050 points or reducing the levels of 850 or 700 points, and then make decisions about entering the market.
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Analyst Ratings
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Forex - Asia
Deposits of legal entities - Market Review
Deposit for private individuals - Market Review
Loans to legal entities - Market Review
Loans to individuals - Market Review
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Shares VTB traded in the downward trend
In the event that the paper the Savings Bank will continue the downward movement of the support they can provide long-term upward trend
This week is full of important output statistics
Worse than the market viewed the banking sector, which, despite the high intraday turnover adds only 0.55%
On the background to close in positive zone leading U.S. indices and the soaring prices of black gold on the Russian stock market prevail bychi mood. Open with a gap of order 2.5% on the most liquid securities, speculative players have rushed to record profits, which closed the morning formed the gap for the majority of the number of shares. Intensive all the demand seen in the shares of AO Tatneft, which are now added more than 6.5% and is unconditional leader among the most liquid shares. In general, the market looks stronger all the oil and gas sector: Lukoil SA (3.65%), Rosneft JSC (3,55%), Transneft Ap (4.35%). Worse viewed the banking sector, which, despite the high intraday turnover adds only 0.55%.
As the recent movement of Russian indexes increasingly tends to movements in commodity markets and less tied to the leading Western indices, a bit on the possible movements of black gold. It goes on light crude oil futures on the mark WTI. And the situation there, the so-called border. Located near the maximum of this year, we can see a new wave of growth, but for this we need to gain a higher confidence level of 74 dollars /barrel. In this case, the level to which will gravitate futures will be 80-81 dollars /barrel. In case, if we can not overcome the maximum this year, most likely we will continue with a view to correction of 59-60 dollars /barrel.
In fact, this concept fits in the technical picture for the RTS index. There correctional movement, which began earlier this month, stood at 38.2 for the Fibonacci, and is currently going on technical rebound, which in turn could escalate into a new wave of growth or the continued correction in order to 850, and even 700 points on the RTS. Resistance levels are values of 1050 points on the RTS, which in turn corresponds to a value of 23.6% of Fibonacci.
Thus, an investor-oriented medium-term movements is bridge to await the RTS Index value of 1050 points or reducing the levels of 850 or 700 points, and then make decisions about entering the market.
3 users rated material at 2.
Analyst Ratings
Forex - Asia
Deposits of legal entities - Market Review
Deposit for private individuals - Market Review
Loans to legal entities - Market Review
Loans to individuals - Market Review
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Shares VTB traded in the downward trend
In the event that the paper the Savings Bank will continue the downward movement of the support they can provide long-term upward trend
This week is full of important output statistics