07.09.2014 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 tried to fix below 1915, but corrected upwards and now is consolidating within the corridor 1915-1928. Growth is limited by the resistance levels 1940 and 1950, we recommend holding short positions with the medium-term target around 1780.

Nearest resistance levels: 1940, 1950, 1990, 2000

Nearest support levels: 1915, 1900, 1886, 1873, 1850, 1780

The price of the futures on the German stock index DAX30 almost reached the psychologically important level of 9000, but started to correct upwards and can continue the current movement to the nearest resistance levels of 9190 and 9400. We recommend holding short positions with closest targets at 8915 and 8600.

Nearest resistance levels: 9190, 9400, 9600, 9800, 9870, 10030, 10500

Nearest support levels: 9000, 8915, 8600, 8000

The price of the futures on the Japanese stock index Nikkei225 within the downward movement, reached the psychologically important mark of 15000, but was not able to overcome it and corrected to the level of 15200. Tomorrow we expect a strong increase in volatility. In case of further decline, the signal to open short positions will be fixing the price below 15000. The growth is limited by the strong level of 15500. We expect additional signals to determine the medium-term price movements.

Nearest resistance levels: 15400, 15500, 15800, 16000

Nearest support levels: 15000, 14700, 14600, 14400, 14000, 13900

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