Technical analysis NAS100 for 21.09.2023

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below 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 15120.00. The closest support is the level 14820.00

Key levels

• 15410.00, 15250.00, 15120.00, 14820.00, 14675.00, 14555.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 15120.00, with Take Profit of 15250.00 and Stop Loss of 14960.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14820.00, with Take Profit of 14675.00 and Stop Loss of 14960.00