Technical analysis USA.30 for 14.01.2022

The Tenkan-sen line is located above 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 35531. The closest resistance is the level 35930

Key levels

• 36878, 36589, 36216, 35930, 35531, 35148, 34716

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 35531, with Take Profit of 35148 and Stop Loss of 35930

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 35930, with Take Profit of 36216 and Stop Loss of 35799.40