Technical analysis NAS100 for 27.05.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 12545. The closest resistance is the level 12775

Key levels

• 13050, 12775, 12545, 12400, 12245, 12075

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 12545, with Take Profit of 12775 and Stop Loss of 12400

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 12400, with Take Profit of 12245 and Stop Loss of 12545