19.05.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 fixed above the strong resistance level at 2120, and continued upward movement. This fact is the basis for continued growth in prices with the first targets at 2150 and 2200. The fall is limited by the levels of support 2100 and 2070. We anticipate continued growth of quotations in the near future and maintain the medium-term positive outlook.

Nearest resistance levels:: 2150, 2200

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

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 shows steady growth after breaking through the resistance at 19800. Currently quotes are near the upper boundary of the local rising channel and may continue to increase to 20200 in the near future. Our medium-term outlook is positive and the fall is limited by the level of support at 19800.

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

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

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