{"id":210088,"date":"2024-06-08T07:00:00","date_gmt":"2024-06-08T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=210088"},"modified":"2024-06-07T16:15:21","modified_gmt":"2024-06-07T23:15:21","slug":"nasdaq-100-new-all-time-high-close-above-may-27-high","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/nasdaq-100-new-all-time-high-close-above-may-27-high\/","title":{"rendered":"Nasdaq 100 New All-Time High Close above May 27 High"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: NASDAQ 100 Emini Futures<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" data-type=\"link\" data-id=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>NASDAQ Emini<\/strong> futures<\/a> week is a bull trend bar with a prominent tail above and below. The market had a new all-time high close above May 27 high. Also, the bull body gap with the March high close is still open. <\/p>\n\n\n\n<p>On the daily chart, Wednesday was a big bull trend bar that contributed to most of the gain for the week. The rest of the days were doji bars.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">NASDAQ 100 Emini futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1-680x383.jpg\" alt=\"Nasdaq Weekly New all-time high close above May 27 high\" class=\"wp-image-210147\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The week is a bull trend bar with a prominent tail at the top and bottom.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-new-high-close-just-below-april-month-high\/\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-new-high-close-just-below-april-month-high\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week\u2019s report<\/a> mentioned that last week was the first pullback in the bull micro-channel that started the second half of April, and the market should make it at least to the close of the bull bar of 5\/20.<\/li>\n\n\n\n<li>This week closed above the bull close from 5\/20.<\/li>\n\n\n\n<li>This is likely the second leg of that move up.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open-680x383.jpg\" alt=\"Nasdaq Daily bull body gap with March high close still open\" class=\"wp-image-210136\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Daily-bull-body-gap-with-march-high-close-still-open.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monday and Tuesday were doji bull bars after the big reversal up Friday.<\/li>\n\n\n\n<li>Wednesday was a big bull trend bar. It is usually hard to get follow-through after such a big bar.<\/li>\n\n\n\n<li>As expected, Thursday and Friday were small doji bear bars.<\/li>\n\n\n\n<li>If the market makes it to below the big bull bar on Wednesday, there will likely be buyers.<\/li>\n\n\n\n<li>What is interesting is that inspite of the big move down last Friday, the body gap with the high close of March is still open.<\/li>\n\n\n\n<li>Assuming the body gap with March high close remains open, a likely bull target is the measured move of April low close and March high close at 19996.75 which is close to the 20000 big round number.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\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: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with a prominent tail above and below. The market had a new all-time high close above May 27 high. Also, the bull body gap with the March high close is still open. On the daily chart, Wednesday was a [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":210147,"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":[136,1849],"tags":[1850],"class_list":{"0":"post-210088","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nasdaq-100","9":"tag-nasdaq-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/NASDAQ-Weekly-New-All-Time-High-Close-above-May-27-High-1.jpg","author_info":{"display_name":"Rajesh","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/rajeshh_98yahoo-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/210088","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\/3331"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=210088"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/210088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/210147"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=210088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=210088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=210088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}