Market Analysis

Beautiful trading session. Speculators have much profit.

Paper Gazprom today confidently and quickly, contrary to our expectations, coming down to the level of support for 183 rubles, the shares of LUKoil held out of the mark in 1700 rubles, paper Rosneft"s hard, but rose for the symbolic resistance to 261 rubles.

Thus, the action provided a good opportunity to actively "bulls" to enter the market, those players who took advantage of it, can already relieve normal predatory profit of 0,5 - 1%. But we would have dared and waited for the paper from the local resistance. As such, for papers of "Gazprom again serve the levels of 187 and 193/194 of the ruble, for shares of LUKoil 1750 rubles for the securities of Rosneft 269/268 rubles.

Among the papers are stored in our medium-term portfolio, now we have alarmed the shares of Polyus Gold. They fell outside the "symmetrical triangle" from the end of October 2009, breaking his lower boundary of the ruble in 1570. Knowing insidious figure "symmetrical triangle", we felt uncomfortable. But decided not to panic and to find a more solid support.

We have identified two strategic milestone - 1540 rubles (uptrend line from November 2008) and 1477/1480 rubles (line correction on the Fibonacci 61.8% to the fall of quotations from May to September 2008). In the case of breakdown and consolidation within two days under the level of 1540 rubles quotations company, we"ll cover a quarter open "long positions". If you do not stand a mark 1477/1480 rubles, then it will be really serious reason afraid for the safety of their assets. For us to be a serious reason ... because from experience we know that the Fibonacci levels help to better focus on the chart Polyus Gold ", as lines built under the laws of classical technical analysis.

Buffett"s shares will be available
Analytics - the outcome of the day

Energy, World Stock Market, Currency, Weather ...

Finally to determine the trend of Russia"s market will be able to after an evening block of statistics in the U.S.
At 16.00 Moscow time the volume of trading in the market for government securities MICEX amounted to 207.4 billion rubles
Review of the precious metals market for 20.01.10
After a small rebound on Tuesday at the auction on Wednesday, "black gold" has continued to move downwards, aided by the confident strengthening of the dollar
IMF dissociates itself from the dispute between the Ministry of Finance and the NBU
Parliament forbade banks to raise interest rates on loans
SSMSC prohibited the use of proxy at general meetings and conferences SRO

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