Technical analysis USA.30 for 08.06.2022

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 33454.90. The closest support is the level 32980.60

Key levels

• 33963.00, 33670.00, 33454.90, 32980.60, 32687.00, 32449.90

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 33454.90, with Take Profit of 33670.00 and Stop Loss of 33200.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 32980.60, with Take Profit of 32687.00 and Stop Loss of 33200.00