27.06.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 again could not continue to fall and reach the psychologically important level of 2000. At the moment, quotes are around the level of 2020 and may continue to grow till 2040-2050. A more likely scenario, according to our forecasts will be a continuation negative dynamics after some consolidation above 2000. As a result, the closest target levels will be 1980 and 1950. Our forecast for the near future remains negative.

Nearest resistance levels: 2040, 2080, 2100, 2120, 2135

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

The price of the futures on the German stock index DAX30 was not able to continue the upward movement within the rebound and may soon return to the level of support at 9300 breaking of which will be the basis for the further fall to 9000 and 8750. The resistance levels in the near future will be 9600 and 9800. We forecast a drop in the near future, and look forward to maintaining high level of volatility.

Nearest resistance levels: 9600, 9800, 10150, 10500, 10800, 11000, 11200

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

The price of the futures on the Japanese stock index Nikkei225 rebounded from the psychologically important level of support 1500 and is currently consolidating within the corridor 15000-15400. In case of continued upward price movement, the closest targets will be 15850 and 16300. The probability of continuation of negative dynamics remains high and signal for continuation of the negative dynamics of quotes will be fixing below 15000. Volatility will remain high in the near future, and in the near future the rising price correction may continue.

Nearest resistance levels: 15400, 15850, 16300, 16800, 17250, 17500, 18000, 18600, 19000

Nearest support levels: 15000, 14000, 13600, 12500

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