Technical analysis USA.30 for 03.09.2024

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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 41400. The closest resistance is the level 41700

Key levels

• 41900, 41700, 41400, 41250, 41000

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 41400, with Take Profit of 41700 and Stop Loss of 41250

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 41250, with Take Profit of 41000 and Stop Loss of 41400