Technical analysis NAS100 for 02.11.2023

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 support is the level 14800. The closest resistance is the level 14950

Key levels

• 15200, 15100, 14950, 14800, 14650

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 14950, with Take Profit of 15100 and Stop Loss of 14800

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14800, with Take Profit of 14650 and Stop Loss of 14950