Technical analysis NAS100 for 27.03.2024

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 18200. The closest resistance is the level 18350

Key levels

• 18500, 18350, 18200, 18100, 18000

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 18200, with Take Profit of 18350 and Stop Loss of 18100

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 18100, with Take Profit of 18000 and Stop Loss of 18200