Technical analysis NAS100 for 20.04.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14225. The closest support is the level 13975

Key levels

14760, 14475, 14225, 13975, 13725, 13425

Trading scenario

Recommended opening short positions (Sell Limit) from the level of 14225, with Take Profit of 13975 and Stop Loss of 14475

Alternative scenario

Recommended opening long positions (Buy Stop) from the level of 14475, with Take Profit of 14760 and Stop Loss of 14225