In Russia the market realized the expected correction in the falling trend

Of course, stop orders on the daily charts of indexes have been passed, shed sales are not allowed to stand, but so far it has not significantly changed the situation. The expected correction in an inconspicuous falling trend has occurred, "some technical conditions", which said last time - practically fulfilled. Stock prices are in relatively good spirits, trapped in a narrow range rebound, provide an opportunity to earn when you play both sides of the same level of risk. At the same time RTS index has given a sell signal in full-time basis, the MICEX index has survived, despite the breakdown of the stop order.

Graphically, it looks very interesting. On the one hand pressed temporal cycles of the trend movement, on the other hand opened the path to continued growth, because the very minimum conditions for a correction within a long-term rising trend executed. Line of Demark (TD-line) on the day the MICEX index, built October 2 - November 3, 2009, still alive, even though 4 months had passed, and moreover, in no hurry to give up. And yet, everything has its limits. Now the index held tightly to her top, showing the desperate resistance.

It is possible that the index will make one more desperate attempt to break away from the TD-up line, but how many do not run, but will have to pay. This reluctance to break through this line suggests that the breakdown would be a serious and long-term. According to the TD-line of the next levels are in the range of 1250-1300 points on the MICEX index. Given that the line lives 4 months, these levels appear to be ridiculous, because omitting the purpose up to 1150 points. In the coming days, you can expect some attempt to break through as a TD-line and bounce off of it, the struggle will continue, the range of 1386-1460 points games MICEX. While the game is targeted at ultra-short range, acquittals, the market draws a zigzag.

RTS Index, a day - a signal to sell from 28 January 2010.

MICEX, a day - a signal to buy from December 15, 2009.

Gazprom, a day - a signal to buy from 17 December 2009.

GMKNorNikel, day - a signal to buy from 2 December 2009.

Lukoil, a day - a signal to sell from 26 January 2010.

Rosneft, a day - a signal to sell from 26 January 2010.

Savings on, day - a buy signal from July 23, 2009.

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