13.08.2014 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after rolling back down to 1930, started growing again and reached the level of 1940. The further growth is limited by the level of 1950, penetration of which is unlikely. We maintain our medium-term negative outlook and expect acceleration of reduction after breaking through the level of 1900.

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 reduced the amplitude of the oscillations and is consolidating below 9190. To continue the downward movement, the price needs to break and consolidate below the mark of 8900, which is the nearest local minimum. Growth is limited by the resistance at 9400. We look forward to continuing the downward movement and maintain a medium-term negative outlook.

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 managed to break through the strong resistance level of 15200 and in the near future will likely continue to rise to 15500, after overcoming of which may continue to move inside the rising channel with the aim of 16000. The fall is limited by strong levels of support at 15000 and 14800. In the near future we expect a continuation of the current dynamics.

Nearest resistance levels: 15400, 15500, 15800, 16000

Nearest support levels: 15200, 15000, 14800, 14700, 14600, 14400, 14000, 13900

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