Technical analysis NAS100 for 28.07.2023

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 15580.00. The closest support is the level 15320.00

Key levels

• 15870.00, 15690.00, 15580.00, 15320.00, 15210.00, 15080.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 15580.00, with Take Profit of 15690.00 and Stop Loss of 15450.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 15320.00, with Take Profit of 15210.00 and Stop Loss of 15450.00