Technical analysis NAS100 for 29.06.2023

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward 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 15069.00. The closest support is the level 14907.00

Key levels

• 15174.00, 15069.00, 14907.00, 14807.00, 14698.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 15069.00, with Take Profit of 15174.00 and Stop Loss of 14950.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14907.00, with Take Profit of 14807.00 and Stop Loss of 14950.00