Technical analysis NAS100 for 30.05.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 support is the level 12765. The closest resistance is the level 13065

Key levels

• 13545, 13065, 12765, 12515, 12275, 12035, 11735, 11500

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 13065, with Take Profit of 13545 and Stop Loss of 12765

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 12765, with Take Profit of 12275 and Stop Loss of 13065