Technical analysis NAS100 for 26.02.2024

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 resistance is the level 18100.00. The closest support is the level 17775.00

Key levels

18350.00, 18235.00, 18100.00, 17775.00, 17645.00, 17510.00

Trading scenario

Recommended opening long positions (Buy Stop) from the level of 18100.00, with Take Profit of 18235.00 and Stop Loss of 17940.00

Alternative scenario

Recommended opening short positions (Sell Stop) from the level of 17775.00, with Take Profit of 17645.00 and Stop Loss of 17940.00