02.09.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 corrected to the level of 1900, but continued to grow and currently shows growth. Quotations increase in the near future is limited by an inclined line of resistance and the level of 2000. In case of resumption of the fall, the price will reach the local minimum near 1850. Our medium-term outlook remains positive.
Nearest resistance levels: 1950, 2000, 2025, 2045, 2070, 2085, 2100, 2120, 2135, 2150
Nearest support levels: 1915, 1900, 1886
The price of the futures on the German stock index DAX30 stabilized near the level of 10 000 and falling the price in near future, is limited by the level of support at 9600. In order to change the negative dynamics the price needs to gain a foothold above the level of 10400. This fact will be the basis for opening long positions with growth potential to 10800 and 11600. Our medium-term outlook remains positive.
Nearest resistance levels: 10000, 10400, 10800, 11200, 11400, 11800, 12000, 12400
Nearest support levels: 9600, 9400
The price of the futures on the Japanese stock index Nikkei225 rebounded from the support level near 17650 and reached the mark of 18500. Further growth is limited by an inclined line of resistance and in the near future quotes may continue to consolidate within the triangle. Fixing the price below 17650 will become the basis for the continuation of the downward movement to 17000 and 16500. Our medium-term outlook remains negative and we expect consolidation of the price in the near future.
Nearest resistance levels are: 18500, 19200, 19400, 20000, 20400, 20650, 21000, 21500
Nearest support levels: 17650, 16500, 16000