Technical analysis NAS100 for 27.09.2024
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 20000. The closest resistance is the level 20200
Key levels
- 20400, 20200, 20000, 19800, 19500
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 20200, with Take Profit of 20400 and Stop Loss of 20000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 20000, with Take Profit of 19800 and Stop Loss of 20200
Scenario
Recommendation
BUY STOP
Entry Point
20200
Take Profit
20400
Stop Loss
20000
Key Levels
20400, 20200, 20000, 19800, 19500
Alternative scenario
Recommendation
SELL STOP
Entry Point
20000
Take Profit
19800
Stop Loss
20200
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.