Technical analysis USA.30 for 07.01.2022

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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 36001.25. The closest resistance is the level 36289

Key levels

• 36887.50, 36594, 36289, 36001.25, 35761.75, 35523.75, 35224.25, 34800.25

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 36001.25, with Take Profit of 35761.75 and Stop Loss of 36141.10

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 36289, with Take Profit of 36594 and Stop Loss of 36001.25