Technical analysis NAS100 for 09.02.2024

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 17700. The closest resistance is the level 17900

Key levels

• 18000, 17900, 17700, 17600, 17450

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 17700, with Take Profit of 17900 and Stop Loss of 17600

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 17600, with Take Profit of 17450 and Stop Loss of 17700