Yesterday's negative in the western areas and the decline in oil futures to a level of 63 dollars per barrel of oil entered the Russian market at the peak. Thus, on the first day of the week, the MICEX index dropped more than 5.0%, while his fellow dollar - the RTS - to 3.0%. Following the closure of Russia's markets have stabilized the situation: SP 500 futures is at a level 893 item, oil futures have returned almost to the level of 64 dollars per barrel and consolidated to reach the.

Accordingly, the external background, formed before the opening of the Russian stock exchanges, can be described as favorable.

Height blue chips at the opening was about 1%. Among the leaders of growth allocated shares of oil and gas - Gazprom JSC (1.2%), Surgut up (1.2%), and representatives of energy-RusGidro AB (1.5%). Under the pressure of shares of gold mining companies are: Polyus Gold SA (-1.3%), Polymetal (-1.2%), as well as representatives of the mining and metallurgical industries: GMKNorNik AB (-0.2%), Severstal JSC (-0 , 1%).

give more momentum with today's live trading can only statistics from the UK, there will be data on industrial production. But most likely this will come with a negative sign, which once again can put pressure both on the European markets, as well as on the Russian stock market.

From the technical point of view, the RTS index also looks weak. After puncture of the ascending trend line (Blue line in the figure), which passes through the local minima in March and April of this year, developed a medium-term objective in the region of 700 points. Thus, now the market is in a descending trend.

Monday Bear was an important level of holes along the Fibonacci series - 38.2%, so the chance of further decline is still very high. Now the goal, Bears will be the level of 50%, which corresponds to 850 points on the RTS index, it is possible that we will achieve it by the end of the week.

Talking about the turn of a downward trend could be only in the case of Perforation RTS index down trend line that is marked on the graph in red.

In the Carpathians, a record desheveet rest due to lack of demand
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