Technical analysis NAS100 for 13.05.2024

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 18100. The closest resistance is the level 18250

Key levels

• 18350, 18250, 18100, 18000, 17875

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 18100, with Take Profit of 18250 and Stop Loss of 18000

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 18000, with Take Profit of 17875 and Stop Loss of 18100