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The market is left without signals and guidance!
Trading in Russia is in the red, and the MOEX Index is moving further away from 2800 points.
The market has been stripped of optimism as global exchanges are closed due to Good Friday.
A lack of signals from the commodities market is working against the “bulls.”
The Friday effect is gaining strength.
Today, it’s difficult for Russian traders: major global exchanges are closed for Good Friday, and the market is not getting signals from the commodities market. But the lack of external guidance and the suspension of peace talks over Ukraine have not brought calm trading—the market is continuing to slide further below the 2800-point level. By 14:20 Moscow time, the MOEX Index is down 0.6% to 2758.14 points. Alexey Kalachev, an analyst at Finam, notes that the next support level for the index is located around 2700 points!
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