Technical analysis NAS100 for 25.07.2023

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 15450. The closest resistance is the level 15550

Key levels

• 15750, 15650, 15550, 15450, 15350

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 15550, with Take Profit of 15650 and Stop Loss of 15450

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 15450, with Take Profit of 15350 and Stop Loss of 15550