Futures on the RTS Index (RIZ9): in the morning on futures (RIZ9) we observe contango, which amounted to 13-00 Moscow time, 1000 points; futures grows at 0.2% (Fig. 1).

Figure 1. RTS. Basis in the day.

The number of open positions compared with the morning opening was reduced by 5000, and at 13-00 Moscow time, the value of this indicator was 411000 (Fig. 2).

Figure 2. RTS. Open positions within days.

In the long term the market remains in a downtrend. Volatility December Putov outside money remains above the volatility of the December call out of money. Thus, the current market we are witnessing volatility smirk that signals the imminent resumption of a downward trend (Fig. 3).

Figure 3. RTS. Exchange IV within days.

If we talk about the number of open positions, the maximum number observed in RI100000X9 (put max, Fig. 4) and RI130000L9 (call max, Fig. 4) strike, while the absolute values of these strikes do not allow the focus to these levels as at full form.

Figure 4. Levels of optional support /resistance.

The most likely scenario: the return below the 130 000 and the resumption of a downward movement in the area of 100 000.

Least likely scenario: continuation of growth and renewal of annual maxima.

While market participants are moving up the European currency, the probability of growth of other currencies, commodity markets and shares retained
Over the past week electricity consumption in Russia increased by 3,2%
In the 3 rd quarter of 2009 TMK pipe shipment increased by 15% to 716 thousand tons
Overview of the oil market for 08.10.09
Dollar depreciated - day review of the cash markets
Prosecutors opened a criminal case concerning the former head of the bank Nadra
Most blue chips are traded in the red zone, but shallow - within 2%
A conservative monetary policy of the ECB will further strengthen the euro
The last session on the London Metal Exchange ended the absolute victory of bulls.