Technical analysis USA.30 for 06.10.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above 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 30115. The closest resistance is the level 30470

Key levels

• 31105, 30470, 30115, 29850, 29580, 29250, 28700

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 30115, with Take Profit of 29580 and Stop Loss of 30470

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 30470, with Take Profit of 31105 and Stop Loss of 30115