07.08.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after some consolidation near the level of 2100 the price have shown a sharp decline and dropped to 2085 near which is consolidating at the moment. Within the further fall, price will probably reach the level of 2065 and 2045. The increase is limited by the inclined level of resistance. Our medium-term outlook remains positive and we now expect to see a strong price movement.

Nearest resistance levels: 2085, 2100, 2120, 2135, 2150, 2200

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

The price of the futures on the German stock index DAX30 corrected down to a sloping support line. Now the price is near the level of 11600 and can continue its upward movement to the nearest target at 11800. The fall is limited by the support at 11400, a breaking of which will be the basis for the continuation of the downward movement to 11000. Our medium-term outlook remains positive with a target at 12400.

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

Nearest support levels: 11400, 11200, 11000, 10800, 10600, 10300, 10000

The price of the futures on the Japanese stock index Nikkei225 rebounded from the lower boundary of the rising channel and continues to grow. In case of further growth quotations will reach the target levels at 20950-21000, for overcoming of which will be needed a strong incentive. Breaking through the bottom of the channel and fixing the price below 20400 will be the basis for opening short positions with the targets of 20000 and 19200. Our medium-term outlook remains positive.

Nearest resistance levels are: 21000, 21500

Nearest support levels: 20650, 20400, 20000, 19400, 19200, 19000, 18500, 18100

June 18 of USD Performance

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