Market Analysis

Possible scenarios of futures on RTS index in the near future:

targets for futures on RTS index when it is falling :

1) Green downward slant line (short-term trend) - 90 000 points in futures on RTS index.

a. 1 - 3 trading days.

targets for futures on RTS index, with growth of :

2) Blue upward slant line - 105 000 points for the futures on RTS index.

time achieving this goal:

a. 1 - 3 trading days.

3) The red horizontal line - 116 000 points for the futures on RTS index.

time achieving this goal:

a. 3 - 5 trading days.

Recommendations for today :

1) buy in the area of 87 500 points. Stop - loss put at the level of 86 500 points.

2) Sell at the level of Perforation 103 000 points. Stop - loss put at the level of 103 500 points.

Evening session on FORTS July 30, 2009 :

At the end of the evening session, futures RIU9 increased by 1500 points. Vnutrivechernyaya volatility was 3000 points. Volumes - nothing outstanding, at the level of medium. Most of the time futures moved up, but at the end of the trading traders have decided to no longer buy and the index has completed trades are not so positive as could be.

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