Technical analysis USA.30 for 14.11.2023

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 34250. The closest resistance is the level 34425

Key levels

• 34600, 34425, 34250, 34050, 33900

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 34425, with Take Profit of 34600 and Stop Loss of 34250

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 34250, with Take Profit of 34050 and Stop Loss of 34425