MICEX Index

One of the tasks of a technical analyst is to identify important
structural features...

Technical analysis good predictive tool, but…

Obviously, that the fall in GDP growth in recent times is not
attractive factor.

It is also worth noting and many people know about the dependence of the Russian market on
oil and foreign equity markets. The American market is at a record
heights, while the Russian lags behind. Therefore, a possible correction in
The US may have a negative impact on the "decoupling" of this consolidation. Oil
is at relatively high levels and it seems, that growth potential
limited. Therefore, it is difficult to see catalysts for growth in Russia on this
stage.

http://psbinvest.ru/analytics/spetsialnyy_obzor/25307/

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