14.01.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after reaching the level of 1950, and some consolidation below it resumed falling as a result of which failed to break the support level at 1910 and reached another target at 1886, after overcoming of which will decline to 1850. We recommend holding short positions with a stop above the target level at 1950 and 1780.

Nearest resistance levels: 1910, 1950, 1990, 2000, 2020, 2050, 2065, 2080, 2100, 2120

Nearest support levels: 1886, 1850, 1780

The price of the futures on the German stock index DAX30 was not able to continue its growth after reaching the level of 10200 and will continue to fall within the downward channel. With a further fall target levels will be 9600 and 9000 in the coming days we can see the correction of price within the channel. Current price trend remains negative and we expect its saving over the next few weeks.

Nearest resistance levels: 10400, 10800, 11000, 11200, 11400, 11800, 12000, 12400

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

The price of the futures on the Japanese stock index Nikkei225 was unable to return to the descending channel and accelerated the decline after reaching its lower limit. Currently quotes consolidate above the level of 17000, and may continue to fall to 16000. In case of the renewal of growth, the nearest target levels will be 18000 and 18600. Current price trend remains negative and we expect its consistence in the near future.

Nearest resistance levels: 17500, 18000, 18600, 19000, 19400, 19700, 20000, 20400, 20650

Nearest support levels: 17000, 16500, 16000, 15200

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