20.07.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 consolidates around the resistance level at 2170, and in case of continued growth may reach an important level of 2200. After a long consolidation, we expect a strong price movement and in case of decrease signal to sell will be fixing of quotations below 2150. Our medium-term outlook remains negative, but we do not exclude the fall in the near future.

Nearest resistance levels: 2170, 2200

Nearest support levels: 2150, 2135, 2120, 2080, 2040, 2020, 2000, 1980, 1950, 1910, 1860

The price of the futures on the German stock indexDAX30 after the recent decline, regained positions and approached the level of 10150 and can continue its growth in the near future to 10300 and 10500. In case of resumption of negative dynamics the targets will be 9600 and 9300. We forecast a drop in the medium term, but the current growth may continue in the near future.

Nearest resistance levels: 10150, 10500, 10800, 11000, 11200

Nearest support levels: 9800, 9600, 9300, 9000, 8750, 7900, 7500

The price of the futures on the Japanese stock index Nikkei225 fixed above the level of 16550 and continued growth during which reached the resistance at 16800. In case of continued upward momentum, the targets will be 17250 and 17500. Within the correction, quotes can return to 16550 and break through this level will be the basis for the continuation of negative dynamics to 16300 and 15850. The potential for further growth, significantly reduced and we can see the beginning of decline in the coming weeks.

Nearest resistance levels: 16800, 17250, 17500, 18000, 18600, 19000

Nearest support levels: 16300, 15850, 15400, 15000, 14000, 13600, 12500

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