{"id":195185,"date":"2023-12-02T07:00:00","date_gmt":"2023-12-02T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=195185"},"modified":"2023-12-05T21:23:24","modified_gmt":"2023-12-06T05:23:24","slug":"dax-40-bull-trend-bar-ma","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/dax-40-bull-trend-bar-ma\/","title":{"rendered":"DAX 40 Bull Trend Bar above MA, Test Highs"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> had a bull trend bar last month, closing on its high. It is a buy signal for next month, but the 1:1 target would be a new ATH. It is also reasonable that if we get up to the high of that sell climax, those 3 bear bars, there will be sellers; that might be where we need to go. We have also been going sideways for the past few weeks, so after a big bar there is often profit taking.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">DAX 40 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Monthly<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs.jpg\" alt=\"DAX 40 Bull Trend Bar Above MA, Test Highs\" class=\"wp-image-195291\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-Bull-Trend-Bar-Above-MA-Test-Highs-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bull Trend Bar Above MA, Test Highs<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" rel=\"noopener\">DAX 40 futures<\/a> printed a bull trend bar, closing on its high and above the MA.<\/li>\n\n\n\n<li>It is a strong buy signal for a test of the highs, but what about the 3 bear bars?<\/li>\n\n\n\n<li>The bulls see a broad bull channel, a new high and a higher low. They want a new ATH.<\/li>\n\n\n\n<li>The bears see a double top and a strong bear microchannel to under the MA.<\/li>\n\n\n\n<li>Sets of 3 consecutive bars rarely happen in trends, so this is likely a form of a trading range.<\/li>\n\n\n\n<li>There will be sellers above the high. <strong>Will be vacuum up to there?<\/strong><\/li>\n\n\n\n<li>Selling above the last two bear bars in a bear MC is a high-probability trade. So we should come back to test both. The pain trade will be if next month gets follow-through, and those bears must exit.<\/li>\n\n\n\n<li>The buy was a low probability signal &#8211; a High 1 in a tight bear channel. Bulls bought the close after the bears could close the gap from last December at the MA.<\/li>\n\n\n\n<li>Closed gaps mean a TR, and big bars in TR have a high chance of failing &#8211; the breakout does not close beyond their close in that direction.<\/li>\n\n\n\n<li>Big bars, mean big risk, some traders will buy small and look to add on at 50% of the bar, or at the MA, where bears might be trapped.<\/li>\n\n\n\n<li>If it is a strong bull trend, we should test the high close of 4 weeks ago.<\/li>\n\n\n\n<li>3 bars in a row, usually you get a pullback and then one more bar, so this month should be a bear bar<\/li>\n\n\n\n<li>Expect a bear bar next month or sideways to at least a test of the trapped bears at the bear bar high.  <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL.jpg\" alt=\"DAX 40 five Consecutive Bull Bars, Climax, ET, AIL\" class=\"wp-image-195297\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/12\/DAX-40-five-Consecutive-Bull-Bars-Climax-ET-AIL-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 five Consecutive Bull Bars, Climax, ET, AIL<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" rel=\"noopener\">DAX 40 futures<\/a> was a big bull bar last week closing near its high.<\/li>\n\n\n\n<li>Five consecutive bull bars in a tight microchannel. That is climactic, and we should pull back soon.<\/li>\n\n\n\n<li>The trouble is there is no sell signal for the bears.<\/li>\n\n\n\n<li>Bulls that buy here should be able to buy lower and make money.<\/li>\n\n\n\n<li>It is an expanding triangle, so climactic moves happen in both directions.  It makes limit-order traders chase the market down and does not provide second legs.<\/li>\n\n\n\n<li>Bulls see a bull channel and a deep pullback, an LL DB and want a test of the high. But the stop is large now, so there is a high risk and high probability.<\/li>\n\n\n\n<li>The bears see a HH DT; they want an LH MTR but haven&#8217;t had a reversal attempt yet. There will probably need to be 2 reversal attempts for a move this strong.<\/li>\n\n\n\n<li>Some traders see a wedge and expect two legs sideways to up.<\/li>\n\n\n\n<li>Bulls in a bull trend can usually avoid a loss &#8211; 80% of the time. Buy the highest close and scale in. We probably need to get back there.<\/li>\n\n\n\n<li>Always in long so expect sideways to up next week.<\/li>\n\n\n\n<li>We have a possible parabolic wedge top &#8211; move, pause, move, pause, move &#8211; we should pause next month.<\/li>\n\n\n\n<li>But the expectation would be a correction for two legs and then another move up.<\/li>\n\n\n\n<li>It is a bull trend bar on the HTF so probably buyers here and below.<\/li>\n\n\n\n<li>The move from last week was very strong. That means anyone who bought last week made big profits &#8211; more than 2:1 &#8211; those traders will likely exit. <\/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: DAX 40 Futures DAX futures had a bull trend bar last month, closing on its high. It is a buy signal for next month, but the 1:1 target would be a new ATH. It is also reasonable that if we get up to the high of that sell climax, those 3 bear bars, [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":0,"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":[1698,136],"tags":[1700],"class_list":{"0":"post-195185","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-dax-40","7":"category-analysis","8":"tag-dax-40","9":"entry","10":"has-post-thumbnail","11":"override","12":"shadow"},"featured_image_src":null,"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\/195185","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=195185"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/195185\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=195185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=195185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=195185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}