Technical analysis SPX500 for 03.10.2022

03.10.2022 18:33
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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 3660. The closest resistance is the level 3700

Key levels

  • 3840, 3780, 3700, 3660, 3605

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 3660, with Take Profit of 3605 and Stop Loss of 3700

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 3700, with Take Profit of 3780 and Stop Loss of 3660
Guión
Recomendación
SELL STOP

Punto de entrada
3660

Take Profit
3605

Stop Loss
3700

Niveles clave
3840, 3780, 3700, 3660, 3605
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
3700

Take Profit
3780

Stop Loss
3660