09.10.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 broke through the important resistance level at 2000 and tries to gain a foothold above it. In case of success, quotes will continue to rise up to the target levels 2070 and 2100. In case of changing the current negative trend to positive, quotes will return to the support at 1950. We expect continued growth in the near future and maintain the medium-term positive outlook.

Nearest resistance levels: 2025, 2045, 2070, 2085, 2100, 2120, 2135

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

The price of the futures on the German stock index DAX30 after some consolidation was able to break through the resistance level at 10000. In this regard, we expect continued growth with the target levels at 10400 and 11000, and recommend to open long positions with a stop below 9800. Our medium-term outlook remains positive.

Nearest resistance levels: 10400, 10800, 11200, 11400, 11800, 12000, 12400

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

The price of the futures on the Japanese stock index Nikkei225 continues to consolidate within the range of 18000-18500. Overcoming and fixing of quotations above the level of 18500 will be a signal for opening long positions with the targets of 19200 and 20000. On the other hand, the breaking of the level of 18000 will be the basis for the price fall to 17500 and 17000. We maintain our medium-term positive outlook.

Nearest resistance levels: 18500, 19200, 19400, 20000, 20400, 20650, 21000, 21500

Nearest support levels: 18000, 17500, 17000, 16500, 16000, 15200

August 17 of USD Performance

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