07.12.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 compensated the loss of the previous week, and approached an important level of 2100. In case of overcoming it, quotes will continue to rise to 2120 and historic highs around 2135. At the moment, there is the possibility of renewed downward price dynamics with the closest targets around 2060. We keep medium-term positive outlook, but the decline may continue in the near future.

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

Nearest support levels: 2060, 2020, 2000, 1950, 1910, 1886, 1850, 1780

The price of the futures on the German stock index DAX30 after a decline to the support level at a 10700, rebounded from it and at the moment is around the level of 11000. Overcoming this level will become the basis for further increase of price to 11400 and 11600. On the other hand the overcoming of support at 10700 will be the basis for the continuation of falling of price to 10400, and 10000.

Nearest resistance levels: 11000, 11200, 11400, 11800, 12000, 12400

Nearest support levels: 10700, 10400, 10000, 9600, 9400, 9000, 8500

The price of the futures on the Japanese stock index Nikkei225 continued growth after the rebound from the level of 19400 and currently is within the corridor 19700-20000. To continue growing, quotations need to overcome an important level 20000, which will be the basis for continuation of the upward price movement to 20400 and 20650. The fall is limited by the support at 19400. Our medium-term outlook remains negative.

Nearest resistance levels: 20000, 20400, 20650, 21000, 21500

Nearest support levels: 19700, 19400, 18500, 18000, 17500, 17000, 16500, 16000, 15200

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