Technical analysis SPX500 for 14.09.2023
14.09.2023 17:08
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 4515.00. The closest support is the level 4460.00
Key levels
- 4565.00, 4540.00, 4515.00, 4460.00, 4431.00, 4405.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 4515.00, with Take Profit of 4540.00 and Stop Loss of 4485.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 4460.00, with Take Profit of 4431.00 and Stop Loss of 4485.00
Scenario
Recommendation
BUY STOP
Entry Point
4515.00
Take Profit
4540.00
Stop Loss
4485.00
Key Levels
4565.00, 4540.00, 4515.00, 4460.00, 4431.00, 4405.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
4460.00
Take Profit
4431.00
Stop Loss
4485.00