Technical analysis NAS100 for 11.10.2024

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 20225. The closest resistance is the level 20275

Key levels

• 20325, 20275, 20225, 20175, 20175

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 20275, with Take Profit of 20325 and Stop Loss of 20225

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 20225, with Take Profit of 20175 and Stop Loss of 20275