Technical analysis NAS100 for 03.06.2022
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 12765.00. The closest support is the level 12275.00
Key levels
- 13545.00, 13065.00, 12765.00, 12275.00, 12035.00, 11735.00, 11500.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 12765.00, with Take Profit of 13065.00 and Stop Loss of 12503.60
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 12275.00, with Take Profit of 12035.00 and Stop Loss of 12503.60