18.05.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 continues to consolidate above the important level of 2120. Fixing the price above this mark is the basis for the continuation of the upward movement up to 2150 and 2200. In case of breaking through the sloping support line, a signal to sell will be overcoming the level of 2100. In this case, the price falling may continue to 2070 and 2040. We keep medium-term positive outlook.

Nearest resistance levels:: 2150, 2200

Nearest support levels: 2120, 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

April 8, 2015 USSPX Graph

The price of the futures on the German stock index DAX30 returned to the upper boundary of the descending channel. The breaking of the border and fixing the price above the level of 11700, will be the basis for the continued growth of quotations to 12000 and 12400. On the other hand, for further decline, quotations must overcome the support at 11200. Our medium-term outlook remains positive, but we expect a continuation of the downward movement in the price soon.

Nearest resistance levels are: 11700, 12000, 12400, 12600, 13000

Nearest support levels: 11200, 11000, 10800, 10600, 10300

The price of the futures on the Japanese stock index Nikkei225 continued growth inside the rising channel and has overcome a strong resistance level at 19800. According to our forecasts, the price will continue the upward movement with the potential growth to 20200 within the local uptrend. The fall within the correction is limited by the level of support at 19400. We keep medium-term positive outlook.

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

Nearest support levels: 19800, 19400, 19000, 18500, 18100, 17850, 17550, 17200

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