Technical analysis USA.30 for 16.09.2024

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 41300. The closest resistance is the level 41550

Key levels

• 41700, 41550, 41300, 41100, 40900

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 41300, with Take Profit of 41550 and Stop Loss of 41100

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 41100, with Take Profit of 40900 and Stop Loss of 41300