03.08.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 corrected downward to 2100, after could not continue to grow until 2120. In case of continued upward movement and the breaking the level of 2120, the price will rise up to 2135, but for further growth will be needed a strong incentive. On the other hand, fixing below 2100 will be the basis for opening short positions with the potential fall to 2065 and 2045 and a stop above 2115. Our medium-term outlook remains negative.

Nearest resistance levels: 2120, 2135, 2150, 2200

Nearest support levels: 2100, 2065, 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 is gradually increasing along the sloping support line and approached the level of resistance at 11400, the overcoming of which will be the basis for further growth to 11600 and 11800. On the other hand in the near future we may see a correction of price to the level of support at 11000 and 10800. Our medium-term outlook remains positive.

Nearest resistance levels: 11400, 11600, 11800, 11900, 12000, 12400

Nearest support levels: 11200, 11000, 10800, 10600, 10300, 10000

The price of the futures on the Japanese stock index Nikkei225 cannot overcome the level of 20600 and continues to consolidate below this mark. Fixing the price above the level of 20400, is the basis for further growth of price to the target levels 20950-21000. Correction is likely to support at 20000. We maintain a medium-term positive outlook.

Nearest resistance levels: 20650, 21000, 21500

Nearest support levels: 20400, 20000, 19400, 19200, 19000, 18500, 18100

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