Technical analysis SPX500 for 17.10.2023

17.10.2023 01:01
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. 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 resistance is the level 166.520. The closest support is the level 165.720

Key levels

  • 167.800, 167.250, 166.520, 165.720, 165.100, 164.300

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 166.520, with Take Profit of 167.250 and Stop Loss of 166.100

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 165.720, with Take Profit of 165.100 and Stop Loss of 166.100

Guión
Recomendación
BUY STOP

Punto de entrada
166.520

Take Profit
167.250

Stop Loss
166.100

Niveles clave
167.800, 167.250, 166.520, 165.720, 165.100, 164.300
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
165.720

Take Profit
165.100

Stop Loss
166.100