20.04.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 fell sharply and reached the level of support at 2080. In case of continued downward movement and fixing the price below the level of 2070, we expect a drop in prices to 2040, after which the quotes can be reduced to 2025 and 1990. The increase is limited by the level of historical highs around 2115. In the near future growth can continue and our medium-term outlook remains positive, but the growth potential is limited.

Nearest resistance levels are 2100, 2120, 2150, 2200

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

February 27, 2015 USSPX Graph

The price of the futures on the German stock index DAX30 resumed growth after a strong downward correction. In case of resumption of downward movement, a signal to sell will be fixing the price below 11600. In such case the price may fall to 11000 and 10600. We expect price growth to continue in the near future to 12200 and 12400. Our medium-term outlook remains positive.

Nearest resistance levels: 12000, 12400, 12600, 13000

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

The price of the futures on the Japanese stock index Nikkei225 resumed growth after a sharp decline on Friday. It should be noted that the price growth slowed down and we see the weakness of bulls after reaching the psychologically important level 20000. For the continued growth, the price need to gain a foothold above this level. Signal about trend reversal will be fixation the price below 19400. Our medium-term outlook remains positive.

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

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

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