28.09.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has not continued growth and returned to the level of support at 1910. Break through this level will be a reason for further price reduction to the levels in 1850 and 1780. In the near future the price will likely continue to move in the range 1910-2000. Our medium-term outlook remains positive, and we are waiting for the signal to open new positions.

Nearest resistance levels: 1950, 2000, 2025, 2045, 2070, 2085, 2100, 2120, 2135, 2150

Nearest support levels: 1910, 1900, 1886, 1850, 1780

The price of the futures on the German stock index DAX30 is consolidating around the level of 9600 and in the case of consolidation below this level and breaking through local minimum at 9400, we are forecasting a price drop to 9000 and 8500. The growth of quotations in the near future is limited by the level of 10000. Our medium-term outlook remains positive, but in the nearest future is possible continuation of the negative dynamics.

Nearest resistance levels: 10000, 10400, 10800, 11200, 11400, 11800, 12000, 12400

Nearest support levels: 9600, 9400, 9000, 8500

The price of the futures on the Japanese stock index Nikkei225 after a sharp increase in the price to the inclined resistance line, started to correct downwards and approached the support at 17500. Fixing below this level will be the reason to open short positions with the potential fall to 16000. Our medium-term outlook remains positive, but the price decline may continue in the near future.

Nearest resistance levels are: 17500, 18500, 19200, 19400, 20000, 20400, 20650, 21000, 21500

Nearest support levels: 16500, 16000

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