Technical analysis NAS100 for 23.06.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument entered the cloud. The closest support is the level 11440. The closest resistance is the level 11685

Key levels

• 12720, 12330, 12080, 11885, 11685, 11440, 11090

Trading scenario

• Recommended opening short positions (Sell) at the current price, with Take Profit of 11400 and Stop Loss of 11885

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 11885, with Take Profit of 12080 and Stop Loss of 11685