Financial News and Economical Crisis

Now trading in the homestretch, and it seems that the absolute leaders of the day were bears. Their leadership is undeniable, but eventually they win it will be possible, if the shares are popular companies will close the day at a strategically important milestone.

On the hourly chart Gazprom see figure reminiscent of head-shoulders. It is not very pretty, but trading volume confirms its strength. Line neck of this figure lies at around 192 rubles. As a sign of active lines of action, we would have chosen this line and played on the Long when the paper on 0,4 - 0,5 rubles above it and on the short when below.

Something similar to the reversal pattern - head-shoulders, double tops, symmetrical triangle can now be found on the hourly charts of many shares, if we take the period from the beginning of October 2009. But the thing is, that is probably about three months, very often these global, pole figures are processed with accuracy but at the turn. That is the law works Hound of the Baskervilles. So in theory, strangely enough, is safer to buy the lines necks or lines base figures than short when they breakdown.

level of support double tops, visible on plain paper Savings Bank - 64,8 rubles, at the privileged - 39,9 rubles, at the actions of VTB - 0,062 rubles, on the chart Severstal - 238.9 rubles.

Do not look for logic in the market, do not look for answers in the books of the wise, you will survive only observation.

Key chips have formed a strong technical resistance levels: 71 for Savings Bank, 200 for Gazprom, 250 for Rosneft
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At 16.00 Moscow time the volume of trading in the market for government securities MICEX amounted to 67.31 billion rubles
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Despite the negative dynamics in the market, it is premature to talk about the beginning of a full-scale correction