Technical analysis NAS100 for 03.01.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below 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 16337.75. The closest resistance is the level 16485.75
Key levels
- 16654.25, 16485.75, 16337.75, 16180, 16000, 15850, 15725, 15550
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 16485.75, with Take Profit of 16654.25 and Stop Loss of 16337.75
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 16337.75, with Take Profit of 16180 and Stop Loss of 16485.75