11.12.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 after some consolidation around the level of 2050, continued to fall and reached the inclined support line and in case of its overcoming the decline will continue to 2020 and 2000. In case of correction, quotations will return to the levels of 2050, 2060 and 2080. Our medium-term outlook remains positive, but the current decline may continue in the near future.
Nearest resistance levels: 2050, 2100, 2120, 2135, 2150, 2200
Nearest support levels: 2020, 2000, 1950, 1910, 1886, 1850, 1780
The price of the futures on the German stock index DAX30 fixed below 10700 and continued to decline. Currently quotes reached the support level at 10400 and the inclined support line. The nearest levels while reducing will be 10000 and 9600. Within the correction, the price may rise to 10700and 11000. We expect growth at the markets over the medium term, but the current decline may continue in the near future.
Nearest resistance levels: 10700, 11000, 11200, 11400, 11800, 12000, 12400
Nearest support levels: 10400, 10000, 9600, 9400, 9000, 8500
The price of the futures on the Japanese stock index Nikkei225 continued to decline gradually and at the moment it is around the level of 19000 and its overcoming is the reason for the continuation of reduction of quotations to 18500 and 18000. The upward price correction will lead to the achievement of the level of 19400 and the inclined resistance line. We expect a high level of price volatility in the near future.
Nearest resistance levels: 19400, 19700, 20000, 20400, 20650, 21000, 21500
Nearest support levels: 18500, 18000, 17500, 17000, 16500, 16000, 15200