Technical analysis NAS100 for 15.10.2024

15.10.2024 01:40
Intraday
Technical

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 20400. The closest resistance is the level 20600

Key levels

  • 20800, 20600, 20400, 20300, 20100

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 20400, with Take Profit of 20600 and Stop Loss of 20300

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 20300, with Take Profit of 20100 and Stop Loss of 20400

Scenario
Recommendation
BUY LIMIT

Entry Point
20400

Take Profit
20600

Stop Loss
20300

Key Levels
20800, 20600, 20400, 20300, 20100
Alternative scenario
Recommendation
SELL STOP

Entry Point
20300

Take Profit
20100

Stop Loss
20400