05.03.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has broken through the lower boundary of the rising channel and currently is consolidating near the level of 2100. In case of breaking through this mark and a further fall, a signal to sell with the objectives at 2025 and 1990 will be fixation the price below 2080. We keep positive medium-term outlook and in the near future we can see a continuation of the growth of quotations.

Nearest resistance levels: 2120, 2150, 2200

Nearest support levels: 2100, 2080, 2070, 2025, 2000, 1975, 1950, 1915, 1900, 1886, 1860

The price of the futures on the German stock index DAX30 after yesterday's correction to 11200, resumed growth and returned to the local maximum of about 11500. We forecast that the upward movement of price will continue in the near future and quotes will reach the level of 12000. In case of a change of trend, the target levels will be 10600, 10300, and 10000. We keep medium-term positive outlook and recommend holding long positions.

Nearest resistance levels: 11600, 12000

Nearest support levels: 11200, 11000, 10800, 10600, 10300, 10100, 10000, 9600, 9400, 9190

The price of the futures on the Japanese stock index Nikkei225 resumed growth after completed correction and rebounded from the support level at 18600. We forecast that growth will continue in the near future and the price will reach the target level of 19000. In case of resumption of descending movement, the signal for the opening short position will be fixing of quotations below 18600. We keep medium-term positive outlook with the target at 20000 and recommend to keep the stop below 18500.

Nearest resistance levels: 19000, 20000

Nearest support levels: 18600, 18500, 18100, 17850, 17550, 17200, 16600, 16400, 16000

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