17.04.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 continues to grow gradually within the channel and at the moment has dropped to the bottom of the channel and the level of 2100. Further growth of quotations is limited by historic highs near 2115. The signal for the opening short position will be fixing the price below 2090. In this case, the price may continue falling to 2040. Our medium-term outlook remains positive and we recommend to wait for a signal to open positions.

Nearest resistance levels: 2120, 2150, 2200

Nearest support levels: 2100, 2090, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 has broken the lower boundary the ascending channel and currently dropped to 11850. Fixing the price below this level is the basis for the continuation of the downward movement to 11200 and 10600. In this case we recommend to open short positions with a stop above 12400. Despite the possibility of correction, our medium-term outlook remains positive.

Nearest resistance levels: 12000, 12400, 12600, 13000

Nearest support levels: 11850, 11600, 11450, 11200, 11000, 10800, 10600, 10300

January 28 of USD Performance

The price of the futures on the Japanese stock index Nikkei225 after a long consolidation within the corridor 19800-20000, broke the lower boundary of the channel and began to decline rapidly. In case of continued current momentum, we are likely to see a price reduction to the bottom of the channel and levels of 19200 and 19000. Our medium-term outlook remains positive, but in the near future correction will continue.

Nearest resistance levels: 19800, 20000, 20800, 21000, 21500

Nearest support levels: 19400, 19000, 18500, 18100, 17850, 17550, 17200

Japan 225 Chart

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