14.08.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 corrected upwards, but for the continuation of ascending movement, quotations need to overcome an inclined resistance line and the level of 2100. According to our forecast, the price decline will resume in the near future and quotations will continue to consolidate within the corridor 2045-2100. Our medium-term expectations remain optimistic.
Nearest resistance levels: 2085, 2100, 2120, 2135, 2150, 2200
Nearest support levels: 2070, 2045, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 is consolidated near the level of 11000. In case of continuation of the downward movement, quotes will reach the level of 10800, a breaking of which will be the basis for the continuation of the downward movement to 10600 and 10000. In case of upward correction, the nearest target level will be 11400. Our medium-term outlook remains positive, but the fall is likely to continue soon.
Nearest resistance levels: 11200, 11400, 11600, 11800, 11900, 12000, 12400
Nearest support levels: 11000, 10800, 10600, 10300, 10000
The price of the futures on the Japanese stock index Nikkei225 returned within the corridor 20400-2065. Growth of price in the near future is limited by the levels 20950-21000. In the near future we may see the return of quotations to support level at 20000. Our medium-term outlook remains positive, but we expect a decline in the near future.
Nearest resistance levels are: 20650, 21000, 21500
Nearest support levels: 20400, 20000, 19400, 19200, 19000, 18500, 18100