DAX 40 Futures<\/h2>\n\n\n\nThe Weekly<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/DAX-40-Bull-Spike-at-Big-Measured-Move-Target-Sideways-Likely.jpg\" "\\"\\"")
<\/a>DAX 40 Bull Spike at Big Measured Move Target, Sideways Likely<\/figcaption><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The DAX 40 futures<\/a> went higher last week with a bull doji in a bull spike.<\/li>\n\n\n\n
- It reached a big measured move target so we might go sideways here.<\/li>\n\n\n\n
- The doji did not close above the high of the prior bull bar last week, which is a sign that the trend is weakening.<\/li>\n\n\n\n
- But weakening doesn’t mean \u00abgo-short\u00bb. It just means traders will transition from trading heavily above the high of bars to trading it more like a channel.<\/li>\n\n\n\n
- Bull microchannel and bull open gaps so likely buyers below.<\/li>\n\n\n\n
- The bulls might see it as strong enough to warrant a second leg. But there are at least two big legs now, so some traders expect two decent sideways to down legs before buying again.<\/li>\n\n\n\n
- Always-in traders don’t need to exit as there is no sell signal.<\/li>\n\n\n\n
- This leg already has at least two parts. Perhaps it will go sideways for a week, then there will be one more bar, and then it will be over.<\/li>\n\n\n\n
- But trends can go on much longer than traders expect.<\/li>\n\n\n\n
- Always in long so traders should be long or flat.<\/li>\n\n\n\n
- Expect sideways or up next week, depending on where the scale-in bears turn up.<\/li>\n\n\n\n
- Some traders will scale in lower expecting a move this strong to have a double top or micro DT at least to reverse. Bulls might argue that bears gave up with the two strong-trend bull bars below.<\/li>\n\n\n\n
- Bulls are getting 1:1 and 2:1 on bars, so they will likely scale in below. But the later in the trend we get, the more likely the 1:1s become.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/DAX-40-Tight-Bull-Channel-under-18000-No-Sell-Signals.jpg\" "\\"\\"")
<\/a>DAX 40 Tight Bull Channel under 18000, No Sell Signals<\/figcaption><\/figure>\n\n\n\n
<\/a><\/div>\n\n\n\n
- \n
- The DAX 40 futures<\/a> went higher last week with a bull doji in a bull spike.<\/li>\n\n\n\n
- It reached a big measured move target so we might go sideways here.<\/li>\n\n\n\n
- The doji did not close above the high of the prior bull bar last week, which is a sign that the trend is weakening.<\/li>\n\n\n\n
- But weakening doesn’t mean \u00abgo-short\u00bb. It just means traders will transition from trading heavily above the high of bars to trading it more like a channel.<\/li>\n\n\n\n
- Bull microchannel and bull open gaps so likely buyers below.<\/li>\n\n\n\n
- The bulls might see it as strong enough to warrant a second leg. But there are at least two big legs now, so some traders expect two decent sideways to down legs before buying again.<\/li>\n\n\n\n
- Always-in traders don’t need to exit as there is no sell signal.<\/li>\n\n\n\n
- This leg already has at least two parts. Perhaps it will go sideways for a week, then there will be one more bar, and then it will be over.<\/li>\n\n\n\n
- But trends can go on much longer than traders expect.<\/li>\n\n\n\n
- Always in long so traders should be long or flat.<\/li>\n\n\n\n
- Expect sideways or up next week, depending on where the scale-in bears turn up.<\/li>\n\n\n\n
- Some traders will scale in lower expecting a move this strong to have a double top or micro DT at least to reverse. Bulls might argue that bears gave up with the two strong-trend bull bars below.<\/li>\n\n\n\n
- Bulls are getting 1:1 and 2:1 on bars, so they will likely scale in below. But the later in the trend we get, the more likely the 1:1s become.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> DAX chart<\/h3>\n\n\n\n
<\/a>DAX 40 Tight Bull Channel under 18000, No Sell Signals<\/figcaption><\/figure>\n\n\n\n