Friday on Russia”s stock market will start with the “gap” down, “bulls” it is important to keep the level of 1390-1400 points on the MICEX

Thursday ended higher quotations on the domestic stock market. The MICEX index added 1.1%. Trading activity is moderately decreased.

In the first half of the fourth session of the week trading the MICEX index confidently crossed 1400 points, reaching 1,420 points further area where he was raised high for the day. Later in the afternoon followed by sales, which led to test support at 1,400 points.

U.S. stock indices closed lower Thursday. Worse market traded high-tech sector. The reason for the decrease in sales was the forecast of sales of Qualcomm. The total pressure on the market have had concerns about the budget deficit of Greece.

during the Asian trading session maintained the predominance of sellers. The main topics of the old - the problem of Greece, the weakness of the U.S. labor market.

Futures on the SP 500 at the moment is trading below 1080 points, which creates prerequisites for the development of sales in 1060-1070, then 1040, 1020 points. Return above 1080 will significantly increase the chances of continuing to rebound in the region of 1110-1120 points.

Futures Brent oil continues to trade at support at $ 71,5-72. Possible rebound goal - $ 75. Main support - $ 70.

Friday on Russia”s stock market expected to begin with a gap down. “Bulls” it is important to keep the level of 1390-1400 points. Otherwise, the MICEX index goes to the local range of 1370-1390 points with chances to qualify for the 1340 Settlements.

You might also consider that the rebound in the formation of the downtrend is over. In this case, to a new wave of sales is likely to become District 1300 points on the MICEX index.

Futures on the RTS index closed the evening session at 145 810 points. Its sales target for today may make the area 143 000-144 000 points. With the deterioration of the external background, the objective of sales is located at 140 000 points.

Within days the market will affect the following data:
- 16.30 Moscow time the U.S. GDP for the fourth quarter of 2009, index of labor cost;
- 17.45 Moscow time index of business activity Managers Association of Chicago in January;
- 17.55 Moscow time index of consumer confidence in January.

External von moderately negative. America closed lower, oil and gas sector at the market, the financial sector is moderately better than the market. Asia traded mostly down.

The final recommendations:
Investors - cut position “;
speculators - “sell short”.

Forex - results of the day
The Ukrainian stock market on Thursday rose to corporate records from the United States and domestic demand for paper MMC
There is still attractive for speculative purposes look paper FGC, until they more expensive level of 0,329 rubles
Publicly traded on Russia”s stock market can be expected to break down on 0,75-1%
The biggest adjustment will be observed today in the metallurgical sector issuers, ADR are cheaper per night
Russia market will open at the bottom, and the MICEX index may retreat to 1390 points
Better the market have a good chance to look “Telecom and paper electricity sector
For Russia”s emerging market mixed external background: the U.S. market closed in the red zone “, the Asian indices traded raznonapravlenno
Igor Artemyev: The prices for domestic oil products market in Russia is still too high at 15-20% relative to world prices