Technical analysis USA.30 for 30.11.2021

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 34675. The closest resistance is the level 35040

Key levels

• 36556.50, 35850, 35400, 34040, 34675, 34235, 33520

Trading scenario

• Recommended opening short positions (Sell Limit) from the level of 35040, with Take Profit of 34675 and Stop Loss of 35400

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 34675, with Take Profit of 34235 and Stop Loss of 35040