Technical analysis NAS100 for 18.03.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14274.55. The closest support is the level 14067.45

Key levels

• 14472.45, 14274.55, 14067.45, 13952.40, 13754.50, 13510.00, 13295.00, 13080.00

Trading scenario

• Recommended opening long positions (Buy) at the current price, with Take Profit of 14274.55 and Stop Loss of 14067.45

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14067.45, with Take Profit of 13952.40 and Stop Loss of 14127.30