24.07.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after fixing the price below 2120 continued to decline within the local downward channel. For the continuation of the downward movement, quotations must break through the level of 2100. In this case, we expect a continuation of the downward movement to the levels of 2070 and 2045. The growth of price in the near future is limited by the level of 2135. Our medium-term negative outlook remains positive, but we expect a further decline in the near future.

Nearest resistance levels: 2120, 2135, 2150, 2200

Nearest support levels: 2100, 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 continues to decline after the price fixates below 11600. For the continuation of further price fall must break the mark of 11400. We expect the resumption of growth of quotations in the near future. Our medium-term outlook remains positive, despite the possibility of a fall in the coming days.

Nearest resistance levels are: 11600, 11800, 11900, 12000, 12400

Nearest support levels: 11400, 11200, 11000, 10800, 10600, 10300, 10000

The price of the futures on the Japanese stock index Nikkei225 gradually decreases and currently is consolidating near the level of 20650. The growth of price in the near future is limited by the levels 20950-21000. On the other hand, penetration the level of 20400 will become the basis for the further drop in prices to the target level by 20000 and 19200. We keep medium-term positive outlook, but is expected to fall in the near future.

Nearest resistance levels are: 20650, 21000, 21500

Nearest support levels: 20400, 20000, 19400, 19200, 19000, 18500, 18100

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