Boys! I don `t understand. Judging by the comments, many do not understand, how does the pair trade work. And here is the naked short of Sberbank.
I am talking about a pair trade and should not be considered separately., and together. Even if Sberbank goes up, Gazprom may also go to the top, and in case of a fall, the rate of fall of Sberbank may be higher than that of Gazprom.
So I gave you a graph, so you can see, what you need to watch together , and not separately
I give the pair trade chart of Long Gaprom and Short Sberbank. As seen on the right side of the curve (bell) распределения. Currently, Gazprom is located in an area of less than 5%, what is of interest, like a long against Sberbank.
It does not mean, that the trade will be successful at once, but throughout 3 months Gazprom can behave better, than Sberbank. If consider, that the market is so far unpredictable and neutral, then this trade can be called to some extent market neutral. Judging by the bottom graph below, potential profit can be substantial.
The schedule is also normalized, that is, it shows 2 parts of Sberbank against 1 parts of Gazprom.
I may not be right, but in principle, the idea of Long Gazprom and Short Sberbank looks good, как pair trade.
Oil reserves data turned out to be bullish AND the expected rebound to 73-75 in progress.An additional bonus for the Russian market.
I looked so quickly at the MICEX chart and for some reason , given the latest momentum, the thought arose of a possible failure before 1150-1050 zones in case of continued weakness in oil and the slightest SPX correction. Something in this ascending structure I do not like internally….
Notes of topics, who is SHORT American market.
You need to calculate your pain threshold in this way, to stop 1095+ was not a big damage to your account.
Who said, that the MICEX is not technical.
Here is a 2x hourly chart with a drawn channel from the distant past. :)))
Stock data is better, but not so much , to scream oh-oh-oh