14.12.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 corrected after the sharp fall last week as a result of which the price approached to the support level at 2000. Now the price is near the inclined line of resistance and overcoming of it will lead to continued increase up to 2050. In case of the resumption of the negative dynamics quotations will reach the levels 1990-2000. Our medium-term outlook is positive, but we expect decline of price in the coming weeks.

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 continued to decline after price fixed below 10700. As a result, the quotations reached the level of 10400 and is consolidated near this mark. Current trend may continue until the level of 10000. Within the correction, quotations can return to resistance at 10700. Our medium-term outlook remains positive, despite the likelihood of a further fall 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 after reaching the support at 18600, rebounded upwards and returned to the level close to the resistance at 19000. In the near future the price decline in the downward channel may continue to 18000. In case of change of sentiment to the positive growth is possible to 19200-19400. Our medium-term outlook remains positive, but the current decline is likely to continue in the near future.

Nearest resistance levels: 19000, 19400, 19700, 20000, 20400, 20650, 21000, 21500

Nearest support levels: 18600, 18000, 17500, 17000, 16500, 16000, 15200

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