29.07.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 after the rebound from the level of 2065 quotations reached the upper limit of descending channel and local important level of 2100. In case of continued growth and for overcoming these levels, we expect the growth of quotations to 2120 and 2135. At the moment, there is a high probability of resumption of the downward movement to the levels 2065 and 2045. We maintain a medium-term negative outlook, but expect the decline in the near future.
Nearest resistance levels: 2100, 2120, 2135, 2150, 2200
Nearest support levels: 2065, 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 after the rebound from the level of 11000 it reached the mark of 11200 near which is consolidating at the moment. In case of the further growth of quotations reached the levels 11400 and 11650. The fall of price is limited by the psychologically important mark of 11000 and support at 10800. Our medium-term outlook remains positive.
Nearest resistance levels: 11200, 11400, 11600, 11800, 11900, 12000, 12400
Nearest support levels: 11000, 10800, 10600, 10300, 10000
The price of the futures on the Japanese stock index Nikkei225 keeps consolidating below the level of 20400. In case of breaking of this level, there is a high probability of further upward movement of price to the levels of 20650 and 20950. In case of resumption of the downward movement, confirmation of the signal for opening short position will be fixation below 1.1000. We keep medium-term positive outlook.
Nearest resistance levels: 20400, 20650, 21000, 21500
Nearest support levels: 20000, 19400, 19200, 19000, 18500, 18100