30.08.2016 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has not been able to gain a foothold below the level of 2170 and rebounded upwards. In case of continued growth, quotes will reach the levels 2195-2200. According to our estimates, the decline will resume in the near future and a signal to sell with the targets 2100 and 2040 will be fixing of price below the level of 2170. Our medium-term outlook also remains negative.

Nearest resistance levels: 2200, 2250, 2300

Nearest support levels: 2170, 2150, 2135, 2120, 2080, 2040, 2020, 2000, 1980, 1950, 1910

The price of the futures on the German stock index DAX30 after some consolidation near the level of 10500 is trying to resume growth. The basis for the continuing rising dynamics to 11200 and 12000 will be the price fixing above resistance at 10800. Our medium-term outlook remains negative and the confirmation of the signal to sell with the targets 9600 and 9300 will be fixation lower than 10500. Our medium-term outlook also remains negative.

Nearest resistance levels: 10800, 11000, 11200

Nearest support levels: 10500, 10150, 9800, 9600, 9300, 9000, 8750, 7900, 7500

The price of the futures on the Japanese stock index Nikkei225 continues to grow after has broken the upper border of the local descending channel and has reached the level of 16800 fixing above which will be a signal for continued growth with the targets at 17250 and 17500. The fall in the near future is limited by the levels of 16550 and 16300. Our medium-term outlook remains negative, despite the possible continuation of growth in the short term.

Nearest resistance levels: 17250, 17500, 18000, 18600, 19000

Nearest support levels: 16800, 16300, 15850, 15400, 15000, 14000, 13600, 12500

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