{"id":222708,"date":"2024-11-09T07:00:00","date_gmt":"2024-11-09T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=222708"},"modified":"2024-11-08T14:57:30","modified_gmt":"2024-11-08T22:57:30","slug":"nasdaq-100-bull-breakout-to-new-all-time-high-close","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/nasdaq-100-bull-breakout-to-new-all-time-high-close\/","title":{"rendered":"Nasdaq 100 Bull Breakout to New All-Time High Close"},"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\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" rel=\"noreferrer noopener\"><strong>NASDAQ Emini<\/strong> futures<\/a> week is a surprise bull breakout to new all-time high close, just above the prior all-time high.<\/p>\n\n\n\n<p>On the daily chart, the market had a big bull breakout of the exponential moving average (EMA) on Wednesday with good follow-through on Thursday after the election results.<\/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\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-680x383.jpg\" alt=\"Nasdaq Weekly Bull Breakout to New All-Time High Close\" class=\"wp-image-222761\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-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 a surprise bull trend bar, breaking out just above the EMA, and closing just above the prior all-time high.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-l2-sell-signal-bar-that-will-likely-trigger\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-l2-sell-signal-bar-that-will-likely-trigger\/\" rel=\"noreferrer noopener\">Last week\u2019s report<\/a> had mentioned how the market might be trying to form a wedge bear flag for the 2<sup>nd<\/sup> leg down corresponding to the big move down in early August.<\/li>\n\n\n\n<li>Bears needed a good entry bar to last week\u2019s outside down reversal bar. Instead, bulls created a big bull bar that is attempting to breakout above the wedge.<\/li>\n\n\n\n<li>Bulls need a good follow-through bar next week.<\/li>\n\n\n\n<li>Bears want a double-top with the July high and the breakout to fail and a move down to the August low.<\/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\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-680x383.jpg\" alt=\"Nasdaq Daily Bull Breakout of Ema With Follow-Through\" class=\"wp-image-222764\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/11\/NASDAQ-Daily-Bull-Breakout-of-Ema-With-Follow-Through-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 bull channel above the EMA was weakening, with mostly doji bars or bars with tails, and consecutive bear trend bars last Wednesday and Thursday and a bear trend bar close far below EMA on Thursday.<\/li>\n\n\n\n<li>It was likely that there would be at least a small 2<sup>nd<\/sup> leg down this week.<\/li>\n\n\n\n<li>Monday started with a doji bear bar, Tuesday was a bull bar up to the EMA. Wednesday was a big surprise bull trend bar breaking above the daily EMA with a good follow-through bar on Thursday.<\/li>\n\n\n\n<li>Thursday closed at a new all-time high just above the prior all-time high in July.<\/li>\n\n\n\n<li>Friday was a doji bar.<\/li>\n\n\n\n<li>There will likely be a 2<sup>nd<\/sup> leg up to the bull move.<\/li>\n\n\n\n<li>Breakout of the EMA with good follow-through usually have a good chance of a Measured-move of the size of the bodies of the two bars as shown in the chart.<\/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 surprise bull breakout to new all-time high close, just above the prior all-time high. On the daily chart, the market had a big bull breakout of the exponential moving average (EMA) on Wednesday with good follow-through on Thursday after the election results. [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":222761,"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-222708","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\/11\/NASDAQ-Weekly-Bull-Breakout-to-New-All-Time-High-Close-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\/222708","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=222708"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/222708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/222761"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=222708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=222708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=222708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}