Technical analysis SPX500 for 30.05.2022
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 4115. The closest resistance is the level 4190
Key levels
- 4310, 4190, 4115, 4055, 4000, 3925, 3815
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 4190, with Take Profit of 4310 and Stop Loss of 4115
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 4115, with Take Profit of 4000 and Stop Loss of 4190