Technical analysis USA.30 for 01.12.2021
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. 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 support is the level 34675. The closest resistance is the level 35050
Key levels
- 36550, 35850, 35400, 35050, 34675, 34235
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 34675, with Take Profit of 34235 and Stop Loss of 35050
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 35050, with Take Profit of 34675 and Stop Loss of 35400