Technical analysis NAS100 for 10.10.2023

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the lower border of the cloud. The closest support is the level 14920.00

Key levels

• 15513.00, 15385.00, 15250.00, 14920.00, 14800.00, 14620.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 15250.00, with Take Profit of 15385.00 and Stop Loss of 15100.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14920.00, with Take Profit of 14800.00 and Stop Loss of 15100.00