Technical analysis USA.30 for 18.08.2023
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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34590.00. The closest support is the level 34240.00

Key levels
- 35070.00, 34840.00, 34590.00, 34240.00, 33395.00, 33730.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 34590.00, with Take Profit of 34840.00 and Stop Loss of 34350.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 34240.00, with Take Profit of 3 and Stop Loss of 34350.00