Technical analysis NAS100 for 11.01.2022

11.01.2022 15:37
Intraday
Technical

The Tenkan-sen line is located below 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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 15550. The closest resistance is the level 15725

Key levels

  • 16654.25, 16485.75, 16337.75, 16180, 16000, 15850, 15725, 15550, 15275

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 15725, with Take Profit of 15550 and Stop Loss of 15850

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 15850, with Take Profit of 16000 and Stop Loss of 15725
Scenario
Recommendation
SELL LIMIT

Entry Point
15725

Take Profit
15550

Stop Loss
15850

Key Levels
16654.25, 16485.75, 16337.75, 16180, 16000, 15850, 15725, 15550, 15275
Alternative scenario
Recommendation
BUY STOP

Entry Point
15850

Take Profit
16000

Stop Loss
15725