{"id":212665,"date":"2024-07-13T07:00:00","date_gmt":"2024-07-13T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=212665"},"modified":"2024-07-13T09:00:19","modified_gmt":"2024-07-13T16:00:19","slug":"nasdaq-100-bad-follow-through-to-big-bull-body-of-7-1","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/nasdaq-100-bad-follow-through-to-big-bull-body-of-7-1\/","title":{"rendered":"Nasdaq 100 Bad Follow-Through to Big Bull Body of 7-1"},"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 doji bear reversal bar. It is a bad follow-through to big bull body of 7-1.<\/p>\n\n\n\n<p>On the daily chart, there was more follow-through the first half of the week to the good bull bars of last week, followed by a big bear reversal day Thursday, and a bad bull reversal Friday.<\/p>\n\n\n\n<p>The monthly chart is a bull bar with a prominent tail above. There are still 2.5 weeks left in the month. Bears do not want a 3<sup>rd<\/sup> CC bull bar.<\/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\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-680x383.jpg\" alt=\"Nasdaq Weekly Bad Follow-Through to Big Bull Body of 7-1\" class=\"wp-image-212770\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-2048x1152.jpg 2048w\" 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 doji bear reversal bar.<\/li>\n\n\n\n<li>It is a bad follow-through to the big bull bar of last week.<\/li>\n\n\n\n<li>As has been mentioned in past reports, big bars usually do not have good follow-through.<\/li>\n\n\n\n<li>Since this week is a bear reversal bar, it will likely trigger.<\/li>\n\n\n\n<li>At the same time, since it is a bad sell signal bar, there are likely buyers below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-big-bull-body-proportional-to-bull-body-of-6-10\/\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-big-bull-body-proportional-to-bull-body-of-6-10\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week\u2019s report<\/a> also mentioned that the market will likely test the high of week of June 24 as it was a bad buy signal bar.<\/li>\n\n\n\n<li>Bears need consecutive bear trend bars closing below prior bar lows.<\/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\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-680x383.jpg\" alt=\"Nasdaq Daily Pullback in Bull Micro-channel\" class=\"wp-image-212773\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/NASDAQ-Daily-pullback-in-bull-micro-channel-2048x1152.jpg 2048w\" 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 market continued the bull micro-channel from last week on Monday, Tuesday and Wednesday as every day low was above prior day low.<\/li>\n\n\n\n<li>As good as the bull micro-channel is for the bulls, the bars are disparately sized \u2013 Monday is a small bull bar, Tuesday is a doji bar, while Wednesday is a bull trend bar.<\/li>\n\n\n\n<li>Thursday is a big outside down bear reversal bar.<\/li>\n\n\n\n<li>Friday reversed from the high of 6\/20 which was a breakout point. Friday is a bad bull reversal doji bar, which means likely more sellers than buyers at or above the close.<\/li>\n\n\n\n<li>Bulls will wait for a good bull buy signal bar likely near the daily exponential moving average (EMA).<\/li>\n\n\n\n<li>Bears needed Friday to be a follow-through bear bar.<\/li>\n\n\n\n<li>Since this is the first pullback in the micro-channel from last week, it is likely there will be a close above the highest close of Wednesday.<\/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 doji bear reversal bar. It is a bad follow-through to big bull body of 7-1. On the daily chart, there was more follow-through the first half of the week to the good bull bars of last week, followed by a big bear [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":212770,"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-212665","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\/07\/NASDAQ-Weekly-bad-follow-through-to-big-bull-body-of-7-1-scaled.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\/212665","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=212665"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/212665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/212770"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=212665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=212665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=212665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}