28.12.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 after reaching the level of 1065 and strong inclined resistance line, started to correct downwards and in the near future may fall to 1050, and then probably will continue to decline to 2020 and 2000. In case of resumption of growth and fixing above 2065, rising dynamics will continue until 2080 and 2100. Our medium-term outlook remains positive, but soon quotes according to our forecasts will decline.

Nearest resistance levels: 2065, 2080, 2100, 2120, 2135, 2150, 2200

Nearest support levels: 2050, 2020, 2000, 1950, 1910, 1886, 1850, 1780

The price of the futures on the German stock index DAX30 has broken the upper border of the channel and approached to the resistance at 10800. Securing above this mark will be the basis for continued rising dynamics to 11000 and 11400 in the near future. On the other hand, now there is a significant probability of resumption of decrease in quotations to 10400, after which the decline may continue until 10200 and 10000. Our medium-term outlook is positive despite a possible reduction in the near future.

Nearest resistance levels: 10800, 11000, 11200, 11400, 11800, 12000, 12400

Nearest support levels: 10400, 10000, 9600, 9400, 9000, 8500

October 27, 2015 Germany 30 Live Graph

The price of the futures on the Japanese stock index Nikkei225 keeps consolidating within the range of 18600-19200. In case of overcoming its lower boundary, the price decline will continue until 18000 and 17500. On the other hand, the price increase is possible up to 19200 in the near future, after which the rising dynamics may continue to 19400 and 20000. Our medium-term outlook remains positive, and we are waiting for a signal for opening new positions.

Nearest resistance levels: 19000, 19400, 19700, 20000, 20400, 20650, 21000, 21500

Nearest support levels: 18600, 18000, 17500, 17000, 16500, 16000, 15200

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