Technical analysis NAS100 for 10.01.2022

10.01.2022 18:04
Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 14976.50. The closest resistance is the level 15275

Key levels

  • 16654.25, 16421.5, 16180, 16000, 15752.50, 15550, 15275, 14976.50, 14738

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 14976.5 and Stop Loss of 15370.4

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 15275, with Take Profit of 15550 and Stop Loss of 14976.5
Scenario
Recommendation
SELL

Entry Point

Take Profit
14976.5

Stop Loss
15370.4

Key Levels
16654.25, 16421.5, 16180, 16000, 15752.50, 15550, 15275, 14976.50, 14738
Alternative scenario
Recommendation
BUY STOP

Entry Point
15275

Take Profit
15550

Stop Loss
14976.5