21.04.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has broken the resistance level of 2100, and this fact is the basis for continued rising dynamics of price to the levels of 2120 and 2135. Overcoming these levels on the first attempt is unlikely, and at the moment we do not exclude the price correction with the first targets at 2080 and 2040. In the nearest future growth may continue, but we are waiting for the start of correction in the next few weeks.

Nearest resistance levels: 2120, 2135

Nearest support levels: 2100, 2080, 2040, 2020, 2000, 1980, 1950, 1910, 1860, 1820, 1800

The price of the futures on the German stock index DAX30 continues to grow after the return within the ascending channel. After overcoming the level of 10500, the nearest target marks will be 10800 and 11200. The fall in the near future, is possible to the inclined support line. Our medium-term outlook remains positive, and the current growth is likely to continue in the near future.

Nearest resistance levels: 10800, 11000, 11200

Nearest support levels: 10400, 10150, 9600, 9000, 8750, 7900, 7500

The price of the futures on the Japanese stock index Nikkei225 within the uptrend failed to overcome the strong resistance level at 17250 and if the price fixates above this level, the target levels will be 18000 and 18600. After strong growth quotations may correct to inclined support line. Our medium-term outlook remains positive, and the likelihood of further growth in the near future has increased significantly.

Nearest resistance levels: 17500, 18000, 18600, 19000, 19400, 19700

Nearest support levels: 17250, 16500, 15700, 15400, 15000, 12500

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