Technical analysis NAS100 for 12.03.2024
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward 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 18100.00. The closest support is the level 17975.00

Key levels
18380.00, 18235.00, 18100.00, 17975.00, 17865.00, 17725.00
Trading scenario
Recommended opening long positions (Buy Stop) from the level of 18100.00, with Take Profit of 18235.00 and Stop Loss of 18050.00
Alternative scenario
Recommended opening short positions (Sell Stop) from the level of 17975.00, with Take Profit of 17865.00 and Stop Loss of 18050.00