16.06.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has broken through the support level of 2080 and approached to the next target level at 2070, after which the price may continue to fall to 2040. The price growth in the near future is limited by resistance level at 2100 and the upper limit of the downward channel. In the near future the price decline may continue, but in the medium term, we expect the price growth.

Nearest resistance levels are 2080, 2100, 2120, 21350, 2150, 2200

Nearest support levels: 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 was able to overcome the psychologically important level of 11000 and continues to fall within the downward channel. The growth of quotations within the channel is limited by its upper limit and the level of resistance at 11400. The volatility in the coming days will be increased and fall may continue till 10600 and 10300. Despite the possible drop in the near future, we keep medium-term positive outlook.

Nearest resistance levels are: 11000, 11200, 11600, 11800, 11900, 12000, 12400, 12600, 13000

Nearest support levels: 10800, 10600, 10300

The price of the futures on the Japanese stock index Nikkei225 declines after some consolidation near the level of 20400 in the near future is likely to reach the support level at 20000. Fixing the price below this level will become the basis for the continuation of downward movement to the levels of 19400. We expect increasing prices in the medium term, but may see a continued fall in the near future.

Nearest resistance levels: 20400, 20650, 20800, 21000, 21500

Nearest support levels: 20000, 19800, 19400, 19000, 18500, 18100, 17850, 17550

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