28.07.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 corrected upwards and at the moment approached the level of in 2085 and the sloping resistance line. In case of overcoming them, we expect further growth to 2100. According to our forecasts, the drop in prices will resume soon and the price will drop to 2045. In the medium term, we expect continued growth in price with the objectives of near 2200.

Nearest resistance levels: 2085, 2100, 2120, 2135, 2150, 2200

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

The price of the futures on the German stock index DAX30 has not reached an important level of 11000 and rebounded upwards. The closest target in case of increase will be 11400. In case of continued descending movement quotations will reach support at 10800, but according to our forecasts the price will rise in the near future and in the medium term to the target levels at 11600, 11900 and 12400.

Nearest resistance levels: 11200, 11400, 11600, 11800, 11900, 12000, 12400

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

Germany 30

The price of the futures on the Japanese stock index Nikkei225 after approaching to the psychologically important level of 20000 started to correct upwards and reached the sloping resistance line. Further growth of quotations is limited by at the levels of 20650 and 20950. In the near future quotations probably will return to the support at 20000. Despite the possible decrease in the near future we keep medium-term positive outlook.

Nearest resistance levels: 20400, 20650, 21000, 21500

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

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