07.07.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 continued growth and has overcome an inclined resistance line and currently is near the level of 2080. In case of further growth, quotations reached the levels 2120 and 2135. In the near future decline may continue to the levels of 2040 and 1990. Our medium-term outlook remains positive
Nearest resistance levels are 2100, 2120, 2135, 2150, 2200
Nearest support levels: 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 continues to decline and is now approached the level of support at 10800. In case of breaking through this important support level, and fixing the price below this level, we expect a further decline to the target levels at 10300 and 10000. Our medium-term outlook remains positive and in the near future volatility will be increased.
Nearest resistance levels are: 11000, 11200, 11400, 11600, 11800, 11900, 12000, 12400, 12600,
Nearest support levels: 10800, 10600, 10300
The price of the futures on the Japanese stock index Nikkei225 rose to the inclined line of resistance and the strong level of 20400 in case of overcoming them will continue to rise to 20650 and 21000. On the other hand, there is a risk of falling the price to 20000, which will be the confirmation of the formation of a triangle after going beyond which will show strong price movement. Our medium-term outlook remains positive.
Nearest resistance levels are: 20400, 20650, 21000, 21500
Nearest support levels: 20000, 19800, 19400, 19000, 18500, 18100