Technical analysis NAS100 for 25.11.2021

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument entered the cloud. The closest resistance is the level 16425. The closest resistance is the level 16290

Key levels

• 16470, 16570, 16425, 16290, 16150, 16030

Trading scenario

• Recommended opening short positions (Sell) at the current price, with Take Profit of 16290 and Stop Loss of 16425

Alternative scenario

• Recommended opening long positions (Buy Limit) from the level of 16290, with Take Profit of 16425 and Stop Loss of 16150