Technical analysis NAS100 for 03.06.2022
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 12765.00. The closest support is the level 12275.00
Key levels
- 13545.00, 13065.00, 12765.00, 12275.00, 12035.00, 11735.00, 11500.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 12765.00, with Take Profit of 13065.00 and Stop Loss of 12503.60
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 12275.00, with Take Profit of 12035.00 and Stop Loss of 12503.60
Scenario
Recommendation
BUY STOP
Entry Point
12765.00
Take Profit
13065.00
Stop Loss
12503.60
Key Levels
13545.00, 13065.00, 12765.00, 12275.00, 12035.00, 11735.00, 11500.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
12275.00
Take Profit
12035.00
Stop Loss
12503.60
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.