16.09.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 increases within a range of 1910-2000. Currently quotes approached the level of 2000. In case of the further growth and fixing above resistance at 2000, we expect the price increase to the levels of 2070 and 2100. The fall is limited by the support level at 1910 and 1850. We keep medium-term positive outlook and expect increased volatility tomorrow evening.
Nearest resistance levels: 2000, 2025, 2045, 2070, 2085, 2100, 2120, 2135, 2150
Nearest support levels: 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 rebounded from the bottom of the local rising channel, and may continue to grow within it. Fixing of price above the level of 10400 will become the basis for further growth to the target levels at 11000 and 11600. Fixing below 10000 will be the basis for opening short positions with the targets at 9600 and 9000. Our medium-term outlook remains positive.
Nearest resistance levels: 10400, 10800, 11200, 11400, 11800, 12000, 12400
Nearest support levels: 10000, 9600, 9400
The price of the futures on the Japanese stock index Nikkei225 is consolidating below 18500. The fall of price is limited by strong support at 17500. The signal to buy will be fixing above the level of 18500. We recommend to wait for the signal for opening position and maintain the medium-term positive outlook.
Nearest resistance levels: 18500, 19200, 19400, 20000, 20400, 20650, 21000, 21500
Nearest support levels: 17500, 16500, 16000