Technical analysis NAS100 for 26.02.2024
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 18100.00. The closest support is the level 17775.00
Key levels
18350.00, 18235.00, 18100.00, 17775.00, 17645.00, 17510.00
Trading scenario
Recommended opening long positions (Buy Stop) from the level of 18100.00, with Take Profit of 18235.00 and Stop Loss of 17940.00
Alternative scenario
Recommended opening short positions (Sell Stop) from the level of 17775.00, with Take Profit of 17645.00 and Stop Loss of 17940.00
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.