15.06.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 dropped to the lower limit of the downward channel, and the support level at 2080. In the near future we may see a price correction to the level of 2100 and the upper boundary of the channel. A signal to sell with the objectives at 2040 and 1990 will be fixation of quotations below 2070. Our medium-term outlook remains positive.
Nearest resistance levels: 2100, 2120, 21350, 2150, 2200
Nearest support levels: 2080, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 fixed below the important level 11400 and will continue to fall. Currently quotes are trying to break through the psychologically important support level at 11000. In case of success, quotes will drop to 10600 and 10300. The resumption of growth is possible after fixation of quotations beyond the descending channel and above the local maximum at 11400. We keep medium-term positive outlook despite a likely drop of prices in near future.
Nearest resistance levels: 11600, 11800, 11900, 12000, 12400, 12600, 13000
Nearest support levels: 11200, 11000, 10800, 10600, 10300
The price of the futures on the Japanese stock index Nikkei225 is consolidated near the level of 20400 after adjusted downward. The price growth in the nearest future is limited by the level of resistance at 20650. The breaking of this level will be the basis for continued growth to 21000. Short positions should be opened after fixing of quotations below 20000. We keep medium-term positive outlook, but forecast a drop in prices in the next few days.
Nearest resistance levels: 20400, 20650, 20800, 21000, 21500
Nearest support levels: 20000, 19800, 19400, 19000, 18500, 18100, 17850, 17550