08.08.2014 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has overcome the support level at 1915 and continued to fall. As a result, the prices reached the psychologically important mark of 1900 after breaking through which the price is likely to fall to 1886. The correction is possible to the levels of 1915 and 1928. We maintain a medium-term negative outlook with a target around 1780 and recommend holding short positions.

Nearest resistance levels: 1915, 1928, 1940, 1950, 1990, 2000

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

The price of the futures on the German stock index DAX30 fixed below the level of 9190 and continued to decline. In the near future, the price is likely to reach 9000 the strong level of. The correction is possible to 9190 and 9400. We recommend holding short positions and maintain a medium-term negative outlook with a target of about 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 accelerated decline after overcoming the psychologically important mark of 15000 and reached the next target level of about 14800 near which continues to consolidate now. In case of correction, the price may recover some of the losses and increase to 15000 in the near future will likely continue to decline.

Nearest resistance levels: 15000, 15400, 15500, 15800, 16000

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

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