Technical analysis NAS100 for 15.03.2022

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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 13295. The closest support is the level 13080

Key levels

• 13840, 13705, 13510, 13295, 13080, 12950

Trading scenario

• Recommended opening short positions (Sell Limit) from the level of 13295, with Take Profit of 13080 and Stop Loss of 13390

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 13510, with Take Profit of 13705 and Stop Loss of 13300