Technical analysis SPX500 for 03.12.2021

03.12.2021 15:41
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below 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 4621.50. The closest support is the top of the cloud

Key levels

  • 4743.00, 4720.25, 4686.00, 4650.50, 4621.50, 4593.25, 4556.50, 4500.00

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 4556.50, with Take Profit of 4500.00 and Stop Loss of 4593.25

Alternative scenario

  • Recommended opening short positions (Sell Limit) from the level of 4621.50, with Take Profit of 4593.25 and Stop Loss of 4650.50
Guión
Recomendación
SELL STOP

Punto de entrada
4556.50

Take Profit
4500.00

Stop Loss
4593.25

Niveles clave
4743.00, 4720.25, 4686.00, 4650.50, 4621.50, 4593.25, 4556.50, 4500.00
Escenario alternativo
Recomendación
SELL LIMIT

Punto de entrada
4621.50

Take Profit
4593.25

Stop Loss
4650.50