25.06.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 could not continue to grow and to gain a foothold above the level of 2120 and is currently corrected downwards. In case of further decline, quotations reached the target levels 2070-2080. Securing below the level 2070 will be the basis for further falling of the price to 2040 and 1990. Continued growth is only possible in case of overcoming resistance at 2135. Our medium-term outlook remains positive.

Nearest resistance levels: 2135, 2150, 2200

Nearest support levels: 2120, 2100, 2080, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886

The price of the futures on the German stock index DAX30 could not overcome the resistance level at 11600 and corrected to the lower boundary of the rising local channel. In case of further falling and breaking through the lower boundary of the rising local channel, we expect the decline to 10800. On the other hand breaking through 10600 will become the basis for continued growth to 11900. Our medium-term outlook remains positive and we expect increased volatility in the near future.

Nearest resistance levels: 11600, 11800, 11900, 12000, 12400, 12600, 13000

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

The price of the futures on the Japanese stock index Nikkei225 is consolidating near the mark of 20800 after corrected downward. For the further growth is required significant incentive that will exceed the level of 2100. In case of further decline, the price will drop to 20650, and 20400. We keep medium-term positive outlook, but assume the price correction in the near future.

Nearest resistance levels: 21000, 21500

Nearest support levels: 20800, 20650, 20400, 20000, 19800, 19400, 19000, 18500, 18100

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