Technical analysis USA.30 for 22.06.2023

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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34043.50. The closest support is the level 33666.00

Key levels

• 34465.00, 34221.00, 34043.50, 33666.00, 33417.00, 33208.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 34043.50, with Take Profit of 34221.00 and Stop Loss of 33850.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 33666.00, with Take Profit of 33417.00 and Stop Loss of 33850.00