Technical analysis NAS100 for 13.05.2024

13.05.2024 01:09
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 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

Scenario
Recommendation
BUY LIMIT

Entry Point
18100

Take Profit
18250

Stop Loss
18000

Key Levels
18350, 18250, 18100, 18000, 17875
Alternative scenario
Recommendation
SELL STOP

Entry Point
18000

Take Profit
17875

Stop Loss
18100