{"id":193942,"date":"2023-11-11T07:00:00","date_gmt":"2023-11-11T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=193942"},"modified":"2023-11-11T05:50:02","modified_gmt":"2023-11-11T13:50:02","slug":"ftse-100-bear-inside-bar-2","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/ftse-100-bear-inside-bar-2\/","title":{"rendered":"FTSE 100 Bear Inside Bar Under 100-Week MA"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: FTSE 100 Futures<\/h2>\n\n\n\n<p>The\u00a0<strong>FTSE futures <\/strong>market went slightly lower last week with a bear inside bar. Bears have had trouble breaking below this low, but keep getting bars under the MA. The risk\/reward favours the bulls who want a move up, betting that we will not get another low in the year. Bulls want a good buy signal to set up a swing, as the prior ones were too high or the bodies were too small.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTSE 100 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA.jpg\" alt=\"FTSE 100 Bear Inside Bar Under 100-Week MA\" class=\"wp-image-194017\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Inside Bar Under 100-Week MA<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.londonstockexchange.com\/indices\/ftse-100\" rel=\"noopener\">FTSE 100 futures<\/a> last week was a bear inside bar.<\/li>\n\n\n\n<li>The bears got consecutive bear bars below the moving average, so it is a pullback, and they want a second leg sideways to down. Was that the second leg?<\/li>\n\n\n\n<li>The bulls had a 4-bar bull microchannel, a breakout to a new high and expected a two-legged pullback. <\/li>\n\n\n\n<li>But that was a disappointing pullback for bulls. So likely a trading range.<\/li>\n\n\n\n<li>We are testing the prior inside bar, which had a breakout and good swing up, so it might be from here that the bulls want another move.<\/li>\n\n\n\n<li>Bears see strong bear bars and will likely short anything at the MA.<\/li>\n\n\n\n<li>It&#8217;s a triangle, it&#8217;s BOM, and we are at the long-term trendline &#8211;  a bull trend on the monthly. That means buyers are somewhere below.<\/li>\n\n\n\n<li>If you&#8217;re a bull, you want a good buy signal above the MA &#8211; nothing for you.<\/li>\n\n\n\n<li>If you&#8217;re a bear, you have a break below and a sell signal &#8211; with a tail.<\/li>\n\n\n\n<li>Because it is a trading range, it&#8217;s probably a better buy below that bar &#8211; betting sell signals fail at the lows like buy signals fail in the high.<\/li>\n\n\n\n<li>Most traders would be short or flat &#8211; waiting for a real breakout.<\/li>\n\n\n\n<li>We are going to break out of here. It is likely to be to the upside but might shoot down to trap traders first.<\/li>\n\n\n\n<li>Expect sideways to up next week.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB.jpg\" alt=\"FTSE 100 Bear Climax, Vacuum Test of Lows, Deep PB\" class=\"wp-image-194022\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Climax-Vacuum-Test-of-Lows-Deep-PB-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Climax, Vacuum Test of Lows, Deep PB<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.londonstockexchange.com\/indices\/ftse-100\" rel=\"noopener\">FTSE 100 futures<\/a> was a big bear bar, a sell climax on Friday.<\/li>\n\n\n\n<li>It was a vacuum test of the lows of the trading range.<\/li>\n\n\n\n<li>After two good bear bars, the bears had a sell signal, which failed. They got stuck. Traders had to sell the MA to return to their entries&#8217; midpoint. But they got back, so made a good profit.<\/li>\n\n\n\n<li>That means the bulls are not strong yet.<\/li>\n\n\n\n<li>Bulls had a strong bull leg to the MA, but it was likely a leg 2 trap, highs of an expanding triangle. It was a low-probability buy up there.<\/li>\n\n\n\n<li>Now, bears can&#8217;t really sell this low, big risk; not much reward left, so bulls prob take over here and get back to the MA.<\/li>\n\n\n\n<li>It was an OO, an outside-outside setup on Wednesday and Thursday &#8211; that set targets at 7564 and 7271. We might hit both!<\/li>\n\n\n\n<li>An OO is an expanding triangle, and it had a bull breakout that was larger above the bar than below it. That means probably buyers below and scaling in lower.<\/li>\n\n\n\n<li>Bears want a follow-through, but more likely a doji next bar or a bull reversal. We expected buyers under the big bull bar low in the trading range &#8211; they will scale in lower.<\/li>\n\n\n\n<li>We didn&#8217;t always go in long, so it&#8217;s likely trading range and expect 2 legs in each direction.<\/li>\n\n\n\n<li>Expect sideways to up next week; buyers should be under the big bar, and high-probability fade low in a trading range. <\/li>\n\n\n\n<li>Bears need a follow-through bar to trap countertrend scalpers, test and move down.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: FTSE 100 Futures The\u00a0FTSE futures market went slightly lower last week with a bear inside bar. Bears have had trouble breaking below this low, but keep getting bars under the MA. The risk\/reward favours the bulls who want a move up, betting that we will not get another low in the year. Bulls [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":194017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1697,136],"tags":[1699],"class_list":{"0":"post-193942","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ftse-100","8":"category-analysis","9":"tag-ftse-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/FTSE-100-Bear-Inside-Bar-Under-100-Week-MA.jpg","author_info":{"display_name":"Timothy","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/timfairweathercagmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/193942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/10339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=193942"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/193942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/194017"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=193942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=193942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=193942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}