Market Analysis

Bulls will get stronger in the second half of the session

The main movement in the Russia market, according to tradition, were in the second half of the session. Growth has contributed to statistic data on the U.S. economy - on the housing market and consumer confidence. However, despite the published positive data, the domestic market closed the day in the red - any attempt to increase immediately recorded. Following the session, the MICEX index closed below the important range of 1120 - 1130 points.

After trading on domestic platforms external background deteriorated, that would spur the creation of a bear sentiment in Russia market. The main negative associated with the dynamics of the commodity market - oil futures after the close of trading on domestic platforms went down to the mark of $ 71,85 per barrel, which willbe played today. Correction related to the expectation of data on stocks of petroleum and petroleum products, which will be announced today.

Other landmarks of Russia serves the market signals to buy, but such a significant reduction in the value of black gold level the positive factors - namely, the growth of U.S. indexes, the positive dynamics of futures for U.S. indices, which restored the position and returned to the levels at which session ended on Russia's market. Dynamics of trading on Asian sites also contributes to purchase: Chinese index is trading at 1.5% th advantage that would bulls support.

In my opinion, during the session of the Russia's market sentiment significantly improved. I expect to see growth in the second half of the trading day, when the statistic data will be published on the U.S. economy. According to expectations, and the data on orders for durable goods and sales data in the primary housing market will be positive and will have a bulls support. Data on the secondary market, published on Friday, led to rapid growth in global sites, and it is possible that the figures for sales in the primary housing market will also significantly better forecasts. Thus, in the first half of the session recommended to open long positions.

MICEX index closed lower on the eve of an important range of 1120 - 1130 points. Level of support today by the mark of 1,100 points, to which the index can rush at the opening. In the case of the formation of waves basket index may withdraw from the range 1120 - 1130 points and 1150 points mark test, which is the purpose for today.

amid falling prices for black gold worse than the market can look at the opening rally of oil and gas companies. Additional impact on the securities in this sector will have the expectation of data on oil reserves, which will be announced under the curtain bidding.

interesting looking shares of the banking sector. Do not exclude that in the case of forming purchasing securities of Sberbank will show substantial growth and test the resistance of 50 rubles. Also of interest are shares VTB. Yesterday was declared price of an additional issue - 4,82 cop. And the bank's shares could catch up to this level. The closest resistance level is a mark of 4.5 kopecks.

The Ukrainian stock market closed on Tuesday in the wake of growing optimism of investors, inspired by the growth of world sites
Growth of the European share indexes on Tuesday in an average of 0,5%
Analyst forecasts: The positive dynamics of world equity markets can provide support for Russia's indices
Today the players will pay attention to statistics on new home sales and inventories of crude oil and petroleum products in the U.S.
Rate single European currency to the dollar may remain bullish trend in the future the next few weeks
Today on the equity market will be very heavy trading session
The growth of consumer confidence in the U.S. ran a 3% fall in oil prices, the level of 1130 points on the MICEX index and remains unresolved
On the morning of quotes shares of our oil companies be playing drop in energy prices last night
Trading volume on the stock market, MICEX Stock Exchange on Tuesday amounted to 106.69 billion rubles

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