29.12.2015 - ​Technical view on stock indexes

The price of the futures on the American stock index S&P500 was not able to continue to grow after reaching the slanted line of resistance, but after a minor correction returned to it. If the price fixates above this resistance level, and 2065, we expect a further increase to 2080 and 2100. On the other hand at the moment there is a possibility for sale with a short stop. Our medium-term outlook remains positive, but we expect a decline in the near future.

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 showed strong growth at the beginning of the trading session and reached the important level of 10800. Fixing above this level will be the basis for further price increase to the levels of 11000 and 11400. On the other hand, at the moment there is a possibility of price correction to levels 10600 and 10400, after which the decline may continue. Our medium-term outlook remains negative.

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

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

The price of the futures on the Japanese stock index Nikkei225 showed growth today and is currently around the level of 19000. Breaking of 19200 will become the basis for further growth of quotations to 19700 and 20000. The fall is limited by the level of support at 18600 and its breaking through will be a signal for further price reduction to 18000 and 17500. We maintain medium-term positive outlook.

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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