Technical analysis NAS100 for 03.10.2024
03.10.2024 14:01
Intraday
Technical
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 trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 19650. The closest resistance is the level 19900
Key levels
- 20150, 19900, 19650, 19500, 19250
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 19650, with Take Profit of 19900 and Stop Loss of 19500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 19500, with Take Profit of 19250 and Stop Loss of 19650
Scenario
Recommendation
BUY LIMIT
Entry Point
19650
Take Profit
19900
Stop Loss
19500
Key Levels
20150, 19900, 19650, 19500, 19250
Alternative scenario
Recommendation
SELL STOP
Entry Point
19500
Take Profit
19250
Stop Loss
19650