Analysis for October 2nd, 2013
The Index is still forming an ascending diagonal triangle
pattern. On the minor wave level, the market is completing the fourth wave. During the next several weeks, the instrument may move upwards and form wave (5) of 
As we can see at the H1 chart, wave (4)
took the form of zigzag
pattern. It looks like the price formed an initial ascending wedge
pattern. If the Index rebounds from the triangle
’s lower border, the market may start moving upwards inside wave 
Oil is finishing double three
pattern inside the fourth wave. We can’t exclude a possibility that during the next several hours the price may reverse and start forming an initial impulse inside wave 1
More detailed wave structure is shown on the H1 chart. The price formed a bearish diagonal triangle
pattern inside wave (5) of [C].
We can’t exclude a possibility that the instrument may continue growing up inside wave (1)
during the day.
RoboForex Analytical Department