Technical analysis NAS100 for 10.03.2022

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 13410. The closest resistance is the level 13650

Key levels

• 14660.00, 14280.00, 14035.00, 13840.00, 13650.00, 13410.00, 13115.00, 12620.00

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 13410.00, with Take Profit of 13115.00 and Stop Loss of 13650.00

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 13650.00, with Take Profit of 14035.00 and Stop Loss of 13410.00