Technical analysis USA.30 for 27.09.2023

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 33730.00. The closest support is the level 33320.00

Key levels

• 34020.00, 33880.00, 33730.00, 33320.00, 33140.00, 32960.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 33730.00, with Take Profit of 33880.00 and Stop Loss of 33500.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 33320.00, with Take Profit of 33140.00 and Stop Loss of 33500.00