Yesterday the U.S. stock market dominated by pessimism among market participants.
It was published index of business activity in the manufacturing industry of Chicago, who in August was 50 points against the forecast of 48 items. Today, market participants should pay attention to this building.
At the end of the trading session U.S. stock indices closed in the red /Dow Jones -0.5%, S P500 -0.8%, NASDAQ -0.97% /.
From a technical point of view, yesterday the Dow Jones opened with gepom down, after which the bulls tried to close the morning gap , thereby removing the hourly oversold index. In addition, the Bears have formed a fractal time for sale at the mark of 9436.13 points.
Yesterday, we noted that the Dow Jones could form a formation of Bird on a Wire and that bears bad closed last week, so this week should generate a bearish absorption with what they have to cope.
resistance level is the upper limit of the outgoing formation in the 9610 points.
So, on the hourly chart on the indicator MACD bear the situation, and the indicator Stochastic's in the purchase, but in the overbought zone.
On the daily chart optimists can still count on the continuation of the jump, after the Dow Jones corrected the growth of 8 July only to 9120 items, representing 23.6% of Fibonacci. All goals rebound 9637-9796-9945-9955-10159 points.
on the daily chart on the indicator MACD bearish divergence. Indicator Stochastic's are on sale.
index Dow Jones - a temporary cut of the day
During today's trading sideways movement in the wide corridor of 1020-1130 points on the MICEX index continues
Following Monday the value of the MICEX Index reached 1091.98 points, which is 1.74% below the previous day's close
Start trading on domestic exchanges will be held near yesterday's closing levels
Makrostatistika starting at today in the euro area, UK and USA, is able to influence the bidding, especially if investors in September with the advent of truly activated
Today is expected to block a macroeconomic statistics from the West, which will determine the outcome of trading on domestic platforms
Level of support for the MICEX Index is an uptrend in the region of 1061 points, and resistance - trends in the region of 1096-1097 and 1114 points
External background before the opening of Russia's market is moderately positive: America is closed reduction, Asia traded with increased
Latin America: and again the weather in the region makes China
Secretariat of the President: state debt of Ukraine on July 31, 2009 reached 185 billion UAH