Technical analysis USA.30 for 04.12.2023

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 resistance is the level 36445.00. The closest support is the level 35780.00

Key levels

• 37400.00, 36900.00, 36445.00, 35780.00, 35365.00, 35045.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 36445.00, with Take Profit of 36900.00 and Stop Loss of 36100.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 35780.00, with Take Profit of 35365.00 and Stop Loss of 36100.00