Technical analysis USA.30 for 22.09.2023

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 resistance is the level 34290.00. The closest support is the level 34020.00

Key levels

• 34590.00, 34445.00, 34290.00, 34020.00, 33880.00, 33730.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 34290.00, with Take Profit of 34445.00 and Stop Loss of 34250.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 34020.00, with Take Profit of 33880.00 and Stop Loss of 34250.00