27.11.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after reaching the level of 2100 started to correct downwards and in the near future may continue negative trend to the nearest support level at 2060. Overcoming the resistance of 2100 will lead to further growth of quotations to the 2120 historical highs around 2135. Our medium-term outlook remains positive despite the possibility of correction in the near future.

Nearest resistance levels: 2100, 2120, 2135, 2150, 2200

Nearest support levels: 2060, 2020, 2000, 1950, 1910, 1886, 1850, 1780

The price of the futures on the German stock index DAX30 continued its growth and was able to overcome an angled resistance line, which gives reason to expect continued growth to 11800 and 12000. The fall is limited by the support levels at 11000 and 10800. We expect further growth of prices in the near future and maintain the medium-term positive outlook.

Nearest resistance levels: 11400, 11800, 12000, 12400

Nearest support levels: 11200, 11000, 10800, 10700, 10400, 10000, 9600, 9400, 9000, 8500

The price of the futures on the Japanese stock index Nikkei225 after a long consolidation along the lower boundary of the rising channel, broke through it and is corrected downwards. If the price fixates below 19800, quotes will continue to decline to the target level at 19200-19400. To continue the growth, quotations will need to fix above the level of 20000. Our medium-term outlook remains positive.

Nearest resistance levels: 20000, 20400, 20650, 21000, 21500

Nearest support levels: 19200, 18500, 18000, 17500, 17000, 16500, 16000, 15200

Nikkei 225 Technical Analysis

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