08.04.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 is consolidated within the range of 2070-2090. For the continued growth to historic highs near 2120, quotations must be fixed above 2090. In case of downward movement, quotes can be reduced to 2040. Our medium-term outlook remains positive, but we can see the price drop in the near future.

Nearest resistance levels: 2100, 2120, 2150, 2200

Nearest support levels: 2080, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 continues to move along the inclined line of resistance, but for the continued growth, quotations must overcome the level of 12200. In case of change the current dynamics to falling one, the signal to open positions will be fixing the price below 11600. Our medium-term outlook remains positive and we recommend holding long positions.

Nearest resistance levels: 12200, 12600, 13000

Nearest support levels: 11850, 11600, 11450, 11200, 11000, 10800, 10600, 10300

The price of the futures on the Japanese stock index Nikkei225 has broken through the strong resistance level and soon will reach the level 20000. In case of correction, the price may fall to 19600 and 19000. In order to overcome the psychologically important level of resistance at 20000 will be required a substantial impetus. We maintain our positive outlook for the medium-term, but in the near future we will probably see a correction.

Nearest resistance levels: 20000

Nearest support levels: 19800, 19400, 19000, 18500, 18100, 17850, 17550, 17200, 16600, 16400

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