Technical analysis USA.30 for 24.01.2022

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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 33755. The closest resistance is the level 34201

Key levels

• 36550, 36151, 35832, 35400, 35050, 34675, 34201, 33755, 33392

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 33755, with Take Profit of 33392 and Stop Loss of 33995

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 34201, with Take Profit of 34675 and Stop Loss of 33755