Technical analysis SPX500 for 20.09.2022

20.09.2022 18:18
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 3835. The closest resistance is the level 3865

Key levels

  • 3950, 3900, 3865, 3835, 3800, 3750

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 3835, with Take Profit of 3800 and Stop Loss of 3865

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 3865, with Take Profit of 3900 and Stop Loss of 3835
Guión
Recomendación
SELL STOP

Punto de entrada
3835

Take Profit
3800

Stop Loss
3865

Niveles clave
3950, 3900, 3865, 3835, 3800, 3750
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
3865

Take Profit
3900

Stop Loss
3835