Technical analysis USA.30 for 06.09.2023

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34680.00. The closest support is the level 34445.00

Key levels

• 35075.00, 34910.00, 34680.00, 34445.00, 34290.00, 34020.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 34680.00, with Take Profit of 34910.00 and Stop Loss of 34565.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 34445.00, with Take Profit of 34290.00 and Stop Loss of 34565.00