30.07.2015 - Technical view on stock indexes
The price of the futures on the American stock index S&P500 continued confident growth and at the moment stabilized above the level of 2100. If the price fixates above this level, we expect price growth to 2120 and 2135. At the resumption of the fall, the price will return to the levels of 2065 and 2045. We expect the growth of price in the medium term.
Nearest resistance levels: 2120, 2135, 2150, 2200
Nearest support levels: 2100, 2065, 2070, 2040, 2025, 2000, 1975, 1950, 1915, 1900, 1886
The price of the futures on the German stock index DAX30 corrected upwards after was not able to break through the important level at 11000. At this point quotations reached an inclined level of resistance and in case of its penetration will continue to increase to the target marks on 11400 and 11600. Our medium-term outlook is positive, but in the nearest future the price drop is possible to 11000 and 10800.
Nearest resistance levels are: 11400, 11600, 11800, 11900, 12000, 12400
Nearest support levels: 11200, 11000, 10800, 10600, 10300, 10000
The price of the futures on the Japanese stock index Nikkei225 has broken through the inclined resistance line and local maximum at 20400, which is the basis for the continuation of the upward movement with the objectives at 20650 and 20950. A drop in prices in the nearest future is limited by the level of about 20000. We maintain a positive medium-term outlook.
Nearest resistance levels: 20650, 21000, 21500
Nearest support levels: 20400, 20000, 19400, 19200, 19000, 18500, 18100