Technical analysis NAS100 for 12.04.2022

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 support is the level 13975. The closest resistance is the level 14235

Key levels

• 15145, 14760, 14475, 14235, 13975, 13725, 13425

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 13975, with Take Profit of 13725 and Stop Loss of 14225

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 14225, with Take Profit of 14475 and Stop Loss of 13975