Technical analysis NAS100 for 14.03.2024

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed 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 18000. The closest resistance is the level 18150

Key levels

• 18300, 18150, 18000, 17850, 17700

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 18150, with Take Profit of 18300 and Stop Loss of 18000

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 18000, with Take Profit of 17850 and Stop Loss of 18150