The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

26.09.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 corrected downwards, and within this fall came close to the inclined line of support and the level of 2150. Fixing below this level will be the basis for the continuation of negative dynamics with the targets 2100 and 2040. The growth in the near future is limited by the levels of 2195-2200 and we maintain a medium-term negative outlook with potential of decrease by 10-15%.

Nearest resistance levels: 2200, 2250, 2300

Nearest support levels: 2170, 2150, 2135, 2120, 2080, 2040, 2020, 2000, 1980, 1950, 1910

The price of the futures on the German stock index DAX30 has fallen sharply, and at the moment is below the level of 10500. In case of further decline, the first target will be 10300 and fixation lower than this mark will be the confirmation of to sell signal with targets at 9800 and 9300. In case of resumption of growth quotations may return to the level of 10800. Our medium-term outlook remains negative.

Nearest resistance levels: 10800, 11000, 11200

Nearest support levels: 10500, 10150, 9800, 9600, 9300, 9000, 8750, 7900, 7500

The price of the futures on the Japanese stock index Nikkei225 accelerated decline after has broken through the support level of 16550 and in the near future will probably reach the support at 16300. Fixing of price below this level will be the basis for the continuation of negative dynamics of quotations with the objectives at 15850 and 15400. At the moment, there is a possibility of price rebound upwards and in such case quotes may return to 16550 and 16800. Our medium-term outlook remains negative.

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

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

calendar | Календарь
information

We would like to remind you that although trading of derivatives on margin may offer many benefits, it is important to note that it also carries a high level of risk. Please click here to read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
I ACCEPT
The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
Close