Asia will support the "bears"

Today, we expect a negative opening on the Russia market. External background, in the form of lower oil prices and falls in Asian markets, will contribute to sales and would "bear" to resume the negative dynamics. Thus, in the first minutes of the MICEX index is likely to fall to the level of 1400 points, and may reach the level of support at 1390, of which perhaps the beginning of corrective growth. Thus players will follow a news background, where it is worth noting the preliminary GDP data for the UK and U.S. consumer confidence index.

hours trading on the Russian sites have opened lower quotations, helped by a negative external background, but the bulls were able to seize the initiative and, thanks to the restoration of European sites and correction to higher oil prices, Russia"s output of paper into positive territory. By the end of the day the market has faced a wave of sales, which contributed to the negative statistics from the secondary market for U.S. housing, resulting in part of the increase was compensated. As leaders of growth Sberbank and Tatneft, adding 1,8% and 1,5% respectively. Worse market closed Norilsk Nickel (-1.9%) and Mosenergo (-1.6%). As a result of trading the MICEX index added 0,39%, ending the day at 1,415.86 points.

traded on the American sites have opened a small increase in quotes. Subsequent data on the secondary housing market, led to a correctional movement, which resulted in the major indices had returned to levels of previous day"s close. However, the markets managed to close in positive territory. As a result of the auctions the index Dow Jones and S P500 added 0,23% and 0,46%, NASDAQ index rose 0,25%. At the morning session, despite good reports of American companies, futures on S P500 index shows negative trends and to 9.50 traded at 1,083.25 points.

energy market after the closure of our continued growth, but the morning of the dynamics change drastically. As a result of the morning decline futures Brent crude sank to a level of 72.7 dollars per barrel.

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Yesterday, investors took advantage of stabilizing the situation on the foreign sites, and some increase in oil prices to replenish their stock portfolios. As a result, on the basis of trades MICEX index rose by 0,4%. Since the majority of the "chips" in the last year to a greater extent played crisis fall in recent years the demand is concentrated mainly on securities that have a fundamental long-term potential. Yesterday, a significant demand for use of FGC shares (5.2%), Inter RAO (4,5%), OGK-4 (7.0%). This fact shows that liquidity in the market there, but flow into the action, it will be selective, and the period of time when the market rose in price almost all likely passed.

While the U.S. market on the results of yesterday"s auction raised (DJIA rose by 0,2%), while statistics on sales of homes in the country in December was worse than expected (5.45 million against 6.54 million month earlier), Russia"s market opening may demonstrate a small gap down on the background of falling Asian indices and the strengthening U.S. dollar. However, the preservation of oil prices above $ 70 a barrel on the background of cold weather in Europe will support the domestic stock market. From makrostatistiki some influence on the course of trading may have an index of consumer confidence in the U.S. in January, which will be published in 18.00.

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Following Monday MICEX index added 0,39%. Trading activity has decreased.

opened on Monday in the area of 1395-1400 points, within days the MICEX index was able to reach 1420 points, which moved to the lateral motion. If this was a rebound in the emerging downtrend, it is very weak.

U.S. stock indexes closed moderately higher Monday. Well traded financial sector, which probably supported a belief in re-electing Ben Bernanke.

At the auctions in Asia, the situation has changed in favor of "bears". Investors are again reminded of the threats tightening of monetary policy in China. Added by lowering the negative recommendations of the papers from the PRC banks Goldman Sachs.

Futures on the SP 500 during the Asian session, experienced reduced to 1080 points. At the moment, hope to rebound associated with working off the range 1080-1110 points, otherwise we can go into free fall. In case of breakdown following objectives are to reduce the 1060, 1040, 1020 points.

Futures Brent oil on concern that slowing China also reduced today. Nearest support - $ 72. Main support - $ 70. The purpose of a possible rebound up - $ 75.

Thus, today, expect a negative opening of trading on Russia"s stock market. To preserve the chances of growth /Comma delimited desirable to keep the level of 1395-1400 points. Otherwise, the next sales goal - 1350-1370 points on the MICEX.

If you deduct 1400, it will soon be possible rebound in 1430-1450 items on MICEX.

Fastening below 1395 points, is likely to lead to the predominance of sales. In this variant is advisable to settle "long" positions.

Futures on the RTS index closed the evening session in the region of 150 000 points. This morning, may decline to 147 500-148 500 points. Then, depending on whether the rebound will commence on futures SP or not. In the positive scenario futures on RTS Index today may try to overcome the 151 000 points with the potential of 155 000 points. In the negative version of the following objectives to reduce - 145 000, 143 000.

Within days the market will affect the following data:
- 12.30 Moscow time data on UK GDP for the fourth quarter of10002009;
- 17.00 Moscow time index of home prices from SP /Case-Shiller for November;
- 18.00 Moscow time index of consumer confidence in January, the index of investor confidence in January.

External von moderately negative. America to close a moderate rise, oil and gas sector at the market, the financial sector better than the market. Asia is trading down.

The final recommendations:
Investors - cut position ";
speculators - "play to improve".

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