Technical analysis USA.30 for 08.01.2024
The Tenkan-sen line is located below the Kijun-sen line. Blue is directed downward, while red remains 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 38100.00. The closest support is the level 36900.00

Key levels
- 39010.00, 38550.00, 38100.00, 36900.00, 36415.00, 35490.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 38100.00, with Take Profit of 38550.00 and Stop Loss of 37400.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 36900.00, with Take Profit of 36415.00 and Stop Loss of 37400.00