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October 14, 2024 On Friday, the MICEX index closed with a red candle and continued the downward trend after testing below the upper resistance zone (today 2768-2772). At the same time, the index updated recent lows, which suggests that the correction from recent highs is not over yet and may continue today, and the main concern is whether the lower support zones will remain (today - 2747 and 2737). . We have already cut the upper levels of the zone, but the key support today will be the 2737 level. A rebound from there (or a puncture and return, if there is a rebound in the morning) will give us a chance. It signals the end of the decline and first rises above the upper resistance area, then further growth through a retest brings it closer to the important resistance of 2850, and consolidation above it gives the final reversal signal A. A retest of the 2737 level and its breakthrough will be a bad sign for our markets. In this case, the decline may continue to the local level of 2715. The RGBI index painted a second green candle, indicating a correction. What's happening: CP is growing and maintaining an upward trend, which is expected to continue. Today's targets are 6039 and 6240, support levels are 5582 and 5348. Until this breaks, we expect further growth and the achievement of our targets. The eurodollar barely reached the next support levels (today - 1.0928 and 1.09). Returning from below, we test the top from above. A rebound may put an end to the downtrend and push the price back to the nearest targets of 1.1036 and 1.1095. Cancellation scenario (breakout to retest the current support). In this case, we expect further decline near the nearest targets of 1.0766 and 1.072. Gold reached the key resistance level of 2666 and hopes for growth. Waiting for the level to be resolved. A rebound will take us back down, with the nearest targets at 2616 and 2572. A breakout through a retest of 2666 will signal continued growth to 2800. Oil could not pass. It broke through an important resistance (79.8 today) and is slowly falling. Here we are still waiting for a test of the nearest strong support in the areas of 75.73 and 74.77-74.66. A rebound from here may lead to growth again. Scenario cancellation - a collapse due to a retest of 79.8 - in this case, the yuan reached the support level that it had been sawing all day (at 13.495 today). Let's see how today's level develops. A rebound will push the nearest targets down to 13.3545 and 13.136. Holding and testing the levels from above may give a new growth signal with the nearest targets today at 13.7 and 14.03. Result: Waiting for a decision at 2737. Possible rebound (or funk and comeback). If the index rises, a retest and decline will signal further decline. Scenario targets are listed above. If you liked my analysis, click "Like" below the article and we would appreciate a "Plus".