Technical analysis NAS100 for 03.03.2022

03.03.2022 16:41
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. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 13475. The closest resistance is the level 14370

Key levels

  • 15500, 15190, 14940, 14690, 14370, 13865, 13475, 13100

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 14370, with Take Profit of 13865 and Stop Loss of 14690

Alternative scenario

  • Recommended opening long positions (Buy Limit) from the level of 13475, with Take Profit of 13865 and Stop Loss of 13100
Scenario
Recommendation
SELL LIMIT

Entry Point
14370

Take Profit
13865

Stop Loss
14690

Key Levels
15500, 15190, 14940, 14690, 14370, 13865, 13475, 13100
Alternative scenario
Recommendation
BUY LIMIT

Entry Point
13475

Take Profit
13865

Stop Loss
13100