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17 October 2024 Yesterday, the MICEX index closed in the red. Recently, Roy's impulses ended in the early hours of the morning, and for the rest of the day we recorded impulses and reflected from the hourly EMA233 in the evening. This may indicate the end and the beginning of a revision. A new wave of growth. However, there is an option to complete the correction today, once again testing the upper support group (currently the 2772-2769 area) within the corrective wave C that began yesterday. After the end of the correction, we expect continued growth with the same current targets of 2850 and 2935. 2850 is an important level here, and consolidation above it should finally confirm a bullish reversal in the market. Cancellation of the scenario is still a profit. It is retested below the subzone of the main support (currently the 2749-2737 area). Interestingly, banks, oil, energy and retail failed to break resistance levels but are still above key support levels. Telecoms are still resisting them. RGBI has painted another red candle but is still marking hours after the bounce. What’s happening: CP is rising and continues to rise, with more gains expected. Today’s targets are 6053 and 6243, with support levels at 5596 and 5355. Until this breakout, we expect continued gains and targets to be reached (today’s 1.0925 and 1.0895). As shown below, the immediate targets are 1.077 and 1.0716 below. Script Cancel – returns and retests the support mentioned above. This will give us an opportunity to resume the gains towards the immediate targets at 1.1037 and 1.10944. Gold is again above resistance at 2666, with a test of this level expected. A bounce would signal further upside. That’s the 2799 level. If we retest and get back below 2666, the immediate targets are 2608 and 2578. Oil prices tested the upper zone and then broke above the support line (currently 75.22 and the 74.88-74.69 zone). Still testing the lower zone below. Let’s look at the execution: A bounce would signal further downside from the immediate targets of 73.61 and 73.07 and, if broken, a retest to get back above support. The upside potential would again provide an opportunity to continue the rally towards the immediate targets of 79.8, 80.74 and 82.8. The yuan closed higher again, testing support above. We expect further upside here with the immediate targets at 13.752 and 14.03. Cancellation scenario – breakthrough through retest of 13.513 – in this case, expect a decline to the nearest targets of 13.36 and 13.12. Conclusion: I look forward to attempts to continue the growth. The goals and conditions for canceling the scenario are listed above. Friends, if you liked my analysis, thank you for the “Plus” for clicking “Like” under the article.