/NQ Going Bearish, gravestone doji on monthly scale.
/NQ Going Bearish, gravestone doji on monthly scale.
CME_MINI:NQ1!
/NQ: view : .
Market continued the bull run in the month of Nov but shown the sign of exhaustion of trend.
On monthly charts the presence of Gravestone and formation of Diversion on is clearly visible and indicating the trend reversal.
Key support levels:
15600 - Signifies the long range monthly support for bull trend. if broken Market will go in high volatile panic sale.
15150 -
14800 -
14400 - Fib retracement level of 23.8% on long time frame.
Every rise is sale till daily close above 16450.00.
if 16450 level is broken only then go long.