04.03.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 is consolidating around the level of 1990, and continues to move around the inclined resistance line. The immediate objectives in case of growth will be 2020 and 2050. In case of correction, quotes, will return to the level of the 1950 and the inclined support line. In the near future we expect a strong price movement. Our forecast for the coming months remains negative.

Nearest resistance levels: 1990, 2000, 2020, 2050, 2065, 2080

Nearest levels of support: 1950, 1910, 1860, 1820, 1800, 1780, 1750, 1720

The price of the futures on the German stock index DAX30 is consolidated within a narrow corridor around the level of 9800. If the price fixates above this level, we expect a continuation of the rising dynamics of price to 10150. The fall in the near future is limited by the level of 9600 and the inclined resistance line. Our medium-term outlook remains positive, and we expect strong price movement today.

Nearest resistance levels: 9800, 10150, 10400, 10800, 11000, 11200

Nearest levels of support: 9100, 9000, 8500, 7900, 7500

The price of the futures on the Japanese stock index Nikkei225 has reached the important level of 17000 and continues a gradual increase during which in the near future may continue the upward momentum to 17250 and 18000 in the nearest future. The price correction is possible to the level of 16300 and the lower boundary of the rising channel. Our medium-term outlook remains positive, and we are waiting for a strong price movement in the near future.

Nearest resistance levels are: 17250, 17500, 18000, 18600, 19000, 19400, 19700

Nearest support levels are: 16300, 15700, 15000, 12500

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