Russia Index

IMOEX Forecast

340
The forecast is based on 4 key events that will take place before the end of the year - three meetings to change the Central Bank's key rate and the US elections. I assume that the market may follow two scenarios:

1. rebound from 2490 level - there is strong support at this level, growth up to 4000
2. fall to 2290, gap closing and approximately from here growth to 4150

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