07.05.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 broke and fixed below the level of 2080 and continued to decline. Currently quotes approached to the level of 2070, and may continue downward movement of prices in the near future to the level of 2040, a breaking of which will be the basis for a decline to 1990. The growth of quotations is limited by the mark 2120. We keep medium-term positive outlook, but expect a fall in the near future.
Nearest resistance levels are 2080, 2120, 2150, 2200
Nearest support levels: 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 continued to fall after some consolidation near the level of 11400 and is now declining along the lower boundary of the descending channel, and will soon reach the level of 11200. Quotations growth is limited by the level of resistance at 11700. We keep medium-term positive outlook, but in the near future fall in price is likely to continue.
Nearest resistance levels are: 11600, 12000, 12400, 12600, 13000
Nearest support levels: 11200, 11000, 10800, 10600, 10300
The price of the futures on the Japanese stock index Nikkei225 broke and fixed below the level of 19400 and continues to decline. In the near future quotes probably will reach 19000, after which can accelerate decline to 18500 and 18000. In case of correction, quotes, may rise to the upper limit of the downward channel. We keep medium-term positive outlook, but expect further reduction of quotations in the near future.
Nearest resistance levels are: 19400, 19800, 20000, 20800, 21000, 21500
Nearest support levels: 19000, 18500, 18100, 17850, 17550, 17200